Multiple Choice
Suppose 30 employee-hours can produce 50 units of output.If the law of diminishing marginal returns is present,producing 100 units of output will require
A) an additional 30 employee-hours.
B) more than 30 additional employee-hours.
C) a total of 60 or less employee-hours.
D) fewer than 30 additional employee-hours.
E) a total of 90 or more employee-hours.
Correct Answer:
Verified
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