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Llanis Llanis
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6 years ago
Which situation is most likely to exhibit diminishing marginal returns to labor?
A) a factory that obtains a new machine for every new worker hired
B) a factory that hires more workers and never increases the amount of machinery
C) a factory that increases the amount of machinery and holds the number of worker constant
D) None of these situations will result in diminishing marginal returns to labor.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
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TecShdwTecShdw
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6 years ago
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Llanis Author
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6 years ago
Good timing, thanks!
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Yesterday
this is exactly what I needed
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2 hours ago
Thanks
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