As the quantity of labor employed decreases, the value of marginal product diminishes.

Name: As the quantity of labor employed decreases, the value of marginal product diminishes.
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The value of marginal product typically increases as the quantity of labor employed decreases, due to the law of diminishing marginal returns, which states that each additional unit of labor adds less to output than the previous one, making the remaining labor more valuable.

As the Quantity of Labor Employed Decreases, the Value of Marginal