As the Quantity of Labor Increases,the Marginal Product of Labor

question 96

Multiple Choice

As the quantity of labor increases,the marginal product of labor

• A) is constant.
• B) increases.
• C) decreases.
• D) may either increase or decrease.

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Definitions:

Doghouses

Small shelters provided for dogs, typically placed outdoors, offering protection and a comfortable space for pets.

Dishwashers

Appliances designed for automatically cleaning dishware and cutlery.

Markets

Places or systems where buyers and sellers engage in exchange of goods, services, or financial instruments.

Households

Individuals or groups of people living together who make joint decisions on the consumption of goods and services.