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If the law of diminishing returns applies to labor then:

corie

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If the law of diminishing returns applies to labor then:

If the law of diminishing returns applies to labor then
A) the marginal product of labor must eventually become negative.
B) the average product of labor must eventually become negative.
C) the marginal product of labor must rise and then fall as employment rises.
D) the average product of labor must rise and then fall as employment increases.
E) after some level of employment, the marginal product of labor must fall.

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Microeconomics

Edition: 8^th

Author: Pindyck

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Canih

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More solutions for this book are available here

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corie Author

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6 years ago

Good timing, thanks!

DragonHeart

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Thanks for your help!!

dearsophia21

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Just got PERFECT on my quiz

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