The declining value of labor productivity as more workers are hired is caused by:
A) decreasing marginal productivity as more workers are hired.
B) the need by most firms to lower product price in order to increase the quantity of goods and services demanded.
C) both of the above.
D) none of the above.
Correct Answer:
Verified
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A) there
Q17: Marginal product is:
A) total product divided by
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