Multiple Choice
What happens to the marginal product of labor if more capital is added to a production process?
A) More capital generally causes the marginal product of labor to rise.
B) More capital will cause the marginal product of labor not to diminish.
C) More capital generally causes the marginal product of labor to fall.
D) More capital will affect the marginal product of capital, not the marginal product of labor.
Correct Answer:
Verified
Correct Answer:
Verified
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