As more workers are hired by the firm, the marginal product of each worker will eventually Begin to decline. This is a result of:

Question

Quizplus · Accepted Answer

Diminishing returns occur when the marginal product of each additional unit of input decreases as more units of that input are added. This is because as more workers are hired, they have less and less capital and other resources to work with, so their productivity eventually begins to decline.

As More Workers Are Hired by the Firm, the Marginal