Answered: If there are diminishing returns to…

If there are diminishing returns to labor, then as more workers are hired the total amount produced by all of the workers will decrease. True False

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter11: Labor Markets

Section: Chapter Questions

Problem 12SQ

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If there are diminishing returns to labor, then as more workers are hired the total amount produced by all of the workers will decrease.

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