Because of the law of diminishing returns,as additional workers are hired,total output

Question

Quizplus · Accepted Answer

The law of diminishing returns states that as additional units of a variable input, such as workers, are added to a fixed input, such as capital and land, the marginal product of the variable input eventually diminishes. This means that initially, adding workers will increase total output, but eventually, the marginal product of each additional worker will decrease, resulting in a diminishing rate of increase in total output, and eventually, total output will start to fall. Therefore, option B is the correct answer.

Because of the Law of Diminishing Returns,as Additional Workers Are