As More Output Is Produced, the Marginal Product of Labour

question 13

Multiple Choice

As more output is produced, the marginal product of labour declines

• A)because of the law of diminishing returns.
• B)if firms reduce the wage paid to labour.
• C)if the firm's output supply curve is inelastic.
• D)because the firm's marginal revenue declines.

---

Definitions:

Bipolarity

The presence of two opposing characteristics or conditions, often used in reference to bipolar disorder, a mental health condition characterized by extreme mood swings.

Poles

Long, cylindrical objects typically used to support structures, conduct electricity, or as equipment in various sports and activities.

Echocardiography

A procedure that tests the structure and function of the heart through the use of reflected sound waves, or echoes.

Ultrasound Transducer

A device that converts electrical energy into sound waves and vice versa, used in ultrasound imaging to visualize internal body structures.