
One reason why, in the short run, the marginal product of labour might increase initially as more workers are hired is that
A) the first workers hired get to use the best equipment.
B) specialization allows a worker to focus on one task, thereby increasing her proficiency at that task.
C) the best workers are hired first and later hires are not as skillful.
D) beyond some point, a firm has hired too many workers.
Correct Answer:
Verified
Q74: Figure 9.2 Q75: Figure 9.2 Q78: Who was the economist who first analyzed Q92: In the short run,if marginal product is Q129: If, after hiring the 6th worker, a Q140: A downward-sloping marginal product of labour curve Q158: In the short run, if marginal product Q161: If average total cost is $50 and Q168: Describe the relationship between marginal cost and Q176: Which of the following equations is correct?
![]()
![]()
A)AVC
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents