Ask Question
20 July, 04:33

As employment of labor increases, the marginal product of labor will eventually decrease because:

+5
Answers (1)
  1. 20 July, 05:48
    0
    As employment of labor increases, the marginal product of labor will eventually decrease because the workers will have less work they need to complete themselves. As they hire more workers, those who can work and increase the amount of labor being done increases however the marginal product of labor decreases due to the incline of workers performing labor activities.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “As employment of labor increases, the marginal product of labor will eventually decrease because: ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers