If a Firm Is Experiencing Diminishing Marginal Returns,then _____

question 2

Multiple Choice

If a firm is experiencing diminishing marginal returns,then _____

• A)total output decreases as all resources are increased.
• B)total output decreases as all resources are decreased.
• C)total output decreases as one variable resource is increased, other things constant.
• D)additional increments of output diminish as one variable resource is increased, other things constant.
• E)additional increments of output increase as all variable resources are increased.

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Definitions:

Equal Pay Act

A labor law that prohibits gender-based wage discrimination, mandating equal pay for equal work performed by men and women.

Manufacturing Facilities

Places designed and equipped for the manufacturing of goods and products.

Resistors

Electronic components that restrict the flow of electric current in a circuit, used to control voltage and current levels.

Comparable Worth

The concept that jobs of equal value to an organization should be paid equally, irrespective of gender or other differentiating factors.