Ask Question
20 August, 02:28

How does the marginal product of labor change as more workers are hired?

+3
Answers (1)
  1. 20 August, 03:03
    0
    As the number or workers hired raises, so does the output. 2.) Diminishing marginal returns is the level of production in which the marginal product of labor decreases as the number of workers increases ... Marginal cost is the additional cost of producing one more unit.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How does the marginal product of labor change as more workers are hired? ...” in 📘 Social Studies 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