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Diminishing Returns Along a Production Function Means That Each Additional

Question 18

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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.

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