How is marginal product affected if workers are added who are equally good at the job? a. The increase in workers will eventually cause marginal output to fall. b. The value of marginal output increases more with each additional good worker. c. With equivalent workers, marginal productivity will neither rise nor fall. d. Marginal quality will improve as the added workers gain experience
How is marginal product affected if workers are added who are equally good at the job? a. The increase in workers will eventually cause marginal output to fall. b. The value of marginal output increases more with each additional good worker. c. With equivalent workers, marginal productivity will neither rise nor fall. d. Marginal quality will improve as the added workers gain experience
Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter19: Earnings And Discrimination
Section: Chapter Questions
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10. How is marginal product affected if workers are added who are equally good at the job?
a. The increase in workers will eventually cause marginal output to fall.
b. The value of marginal output increases more with each additional good worker.
c. With equivalent workers, marginal productivity will neither rise nor fall.
d. Marginal quality will improve as the added workers gain experience.
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