Diminishing marginal returns to labor meansa that each, Ask an Expert

Economics

Diminishing marginal returns to labor means

A. that each additional worker costs more.

B. that each additional worker produces less than the previous worker.

C. that each additional worker costs less.

D. that total product grows at a constant rate when workers are added to production.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91924790

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