The law of diminishing returns, as it applies to labor, means that
A) the marginal product of labor eventually declines.
B) the marginal product of labor will eventually be a horizontal line at zero.
C) the average product of labor increases at a decreasing rate.
D) the average product of labor starts to decline before the marginal product of labor.
E) the total output eventually decreases.
Correct Answer:
Verified
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