menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 14: Production and Cost
  5. Question
    When the Marginal Product of an Additional Worker Is Less
Solved

When the Marginal Product of an Additional Worker Is Less

Question 166

Question 166

Multiple Choice

When the marginal product of an additional worker is less than the marginal product of the previous worker,there are ________ returns to labor.


A) increasing total
B) decreasing total
C) increasing marginal
D) decreasing marginal
E) constant average

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q161: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The above table

Q162: Consider a Wal-Mart supercenter and a 7-Eleven

Q163: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -Anna owns a

Q164: If a firm increases its output and

Q165: Suppose that a firm earned $500,000 in

Q167: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -Kenya owns a

Q168: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -Anna owns a

Q169: Which of the following statements is true?<br>A)

Q170: When the slope of the total product

Q171: A firm pays $50,000 for a machine

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines