-In the above figure, after the second worker is hired, the marginal product of labor is
A) increasing.
B) diminishing.
C) constant.
D) zero.

Name: -In the above figure, after the second worker is hired, the marginal product of labor is A) increasing. B) diminishing. C) constant. D) zero.
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Question

-In the above figure, after the second worker is hired, the marginal product of labor is
A) increasing. 
B) diminishing. 
C) constant. 
D) zero.

Quizplus · Accepted Answer

The marginal product of labor typically diminishes as more workers are hired due to factors like limited resources or space, leading to less additional output per worker.

-In the Above Figure, After the Second Worker Is Hired