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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: Diminishing returns, so that each additional hour of labor employed produces successively smaller ad
Post by: Loraine on Jun 21, 2015
Diminishing returns, so that each additional hour of labor employed produces successively smaller additional amounts of real GDP, exist because
A) labor is not very productive.
B) extra labor produces more output.
C) all other factors are held fixed.
D) the price level rises as more workers are employed.
E) additional workers are paid higher wage rates.


Title: Re: Diminishing returns, so that each additional hour of labor employed produces successively smalle
Post by: Smoooth on Jul 15, 2015
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Title: Re: Diminishing returns, so that each additional hour of labor employed produces successively smaller ad
Post by: Smoooth on Aug 31, 2015
My pleasure :-]


Title: Re: Diminishing returns, so that each additional hour of labor employed produces successively ...
Post by: Surf Games on Nov 11, 2020
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