Which of the Following Statements Is a "True" Statement

question 145

Multiple Choice

Which of the following statements is a "true" statement?

• A) The world's food supply could be grown in a flower pot, if the law of diminishing returns did not hold!
• B) The law of diminishing returns is another example of the statement, "That's okay in theory but not in practice."
• C) No factor of production could ever be employed in such large quantities as to produce a marginal product that is negative.
• D) Total product must always go up when a firm hires more inputs.

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Definitions:

Sales Presentation

A detailed pitch or demonstration given to potential customers with the aim of promoting and selling a product or service.

Severity Rate

A measure used to gauge the seriousness of accidents or incidents by considering the number of lost work days relative to the number of incidents.

Work-Related Injuries

Injuries or illnesses that occur as a result of activities or conditions in the workplace.

On-The-Job Accident

An unexpected event in the workplace that results in personal injury or property damage.