Additional human capital and physical capital as well as new technology are all instrumental in improving labor:
A) productivity.
B) wages.
C) price.
D) marginal revenue.
Correct Answer:
Verified
Q42: When marginal revenue declines with additional output,
Q43: Diminishing returns results in a labor demand
Q44: Changes in either the marginal physical product
Q45: Changes in either marginal revenue (MR) or
Q46: The more productive a worker is, the
Q48: An increase in demand for highly skilled
Q49: In the United States, the average worker
Q50: When the price of the firm's product
Q51: Which of the following is an example
Q52: Which of the following is an example
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