The Term Diminishing Returns to Labor Means That

question 90

Multiple Choice

The term diminishing returns to labor means that

• A)the wage rate falls as a person takes on more jobs.
• B)total output decreases as one more unit of labor is applied to production.
• C)the market value of labor decreases as more labor is supplied.
• D)increases in output decline as additional units of labor are used in production.
• E)the production of labor is becoming less profitable with decreasing real wages.

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Definitions:

Conjugated Pi System

A molecular structure where alternating single and double bonds allow electrons to be more delocalized and contribute to the molecule's stability.

LUMO

The Lowest Unoccupied Molecular Orbital is the orbital with the lowest energy level capable of accepting an electron.

1,3-Butadiene

An organic compound that is a simple conjugated diene with the formula C4H6, known for its role in the production of synthetic rubber.

Allylic Carbons

Atoms of carbon that are positioned next to a carbon-carbon double bond in a molecule, often exhibiting unique reactivity due to their position.