Before long, when you add an additional worker to a firm, the next one won't contribute as much as the previous one. This statement reflects the idea of:

Name: Before long, when you add an additional worker to a firm, the next one won't contribute as much as the previous one. This statement reflects the idea of:
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Question

Quizplus · Accepted Answer

This statement reflects the concept of diminishing marginal product, which occurs when adding an additional factor of production results in a smaller increase in output.

Before Long, When You Add an Additional Worker to a Firm