Multiple Choice
Diminishing returns along a production function means that each additional hour of labor employed
A) produces a successively smaller additional amount of real GDP.
B) produces a successively larger additional amount of real GDP.
C) produces a constant additional amount of real GDP.
D) does not produce any additional real GDP.
E) forces the real wage rate to rise.
Correct Answer:

Verified
Correct Answer:
Verified
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