If Production Displays Increasing Marginal Returns, Then

question 65

Multiple Choice

If production displays increasing marginal returns, then

• A)total product rises by a constant amount throughout.
• B)each new worker hired adds more to output than previous hires.
• C)the firm must be adding new capital to keep boosting productivity.
• D)total product reaches a maximum sooner than if production displayed decreasing returns.

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Definitions:

Inclusive Workplaces

Work environments that actively seek to accommodate and value diversity among employees, promoting fairness and equal opportunities for all.

LGBTQ Employees

Workers who identify as lesbian, gay, bisexual, transgender, queer or questioning, and may face unique workplace challenges and discrimination.

Value Diversity

The appreciation and inclusion of varying cultural, racial, gender, and socioeconomic backgrounds within a group or organization.

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The dominant trends, values, or practices within a society, culture, or professional field.