Suppose an influenza pandemic were to significantly decrease the population of a country. We would predict a decrease in the marginal product of land in that country.

Question

Quizplus · Accepted Answer

A decrease in population reduces the labor force, leading to less labor available to work the land, which can decrease the marginal product of land as there are fewer workers to utilize it efficiently.

Suppose an Influenza Pandemic Were to Significantly Decrease the Population