The Law of Diminishing Marginal Returns,when Applied to Labor,states That

question 94

Multiple Choice

The law of diminishing marginal returns,when applied to labor,states that:

• A)each worker makes a very small contribution to the total output.
• B)each worker adds more to total output than the previous worker.
• C)each additional worker contributes a smaller increase to total output.
• D)each additional worker causes average output to rise at an increasing rate.

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