Increases in the marginal product of labor can be attributed to ________.

Question

Quizplus · Accepted Answer

The specialization of workers allows them to become more efficient and skilled at a specific task, which can lead to an increase in the marginal product of labor. Depreciation of capital and diminishing returns to workers would both lead to a decrease in marginal product, while better use of work space may not necessarily impact the labor productivity directly.

Increases in the Marginal Product of Labor Can Be Attributed