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nsdq007 nsdq007
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A year ago
Diminishing marginal product of labour is said to exist when there is

▸ technological advancement.

▸ a successively smaller increase in output with each successive unit increase in labour input.

▸ a reduction in the level of labour input that causes output to increase.

▸ an increase in the division and specialization of labour.

▸ an increase in the amount of capital available for each unit of labour.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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relisabethrelisabeth
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A year ago
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nsdq007 Author
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A year ago
Thank you, thank you, thank you!
tcat
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Yesterday
You make an excellent tutor!
Alina01978
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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