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Diminishing Returns to Labor Means That

Question 113

Multiple Choice

Diminishing returns to labor means that


A) the greater the amount of output, the less labor that is needed.
B) as more labor is employed, total output declines.
C) as more labor is employed, each additional worker produces less additional output.
D) as more labor is employed, total output will increase.
E) the greater the amount of output, the less additional labor that is needed.

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