The Value of Marginal Product of Labor

question 82

Multiple Choice

The value of marginal product of labor

• A) always increases as more labor is hired.
• B) is constant as long as each worker is paid the same wage rate.
• C) declines only if each worker is paid more than the previous worker.
• D) at some point declines as more workers are hired.
• E) at first decreases and then increases as more workers are hired.