In the short run, the marginal product of labor:
A) is always diminishing.
B) will eventually fall.
C) continues to increase so long as the firm adds labor slowly.
D) always increases because laborers become more efficient with experience.

Question

Quizplus · Accepted Answer

In the short run, the marginal product of labor will eventually fall due to the law of diminishing returns, which states that adding more of a variable input to a fixed input will eventually yield lower additional output.

In the Short Run, the Marginal Product of Labor