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From course:

Microeconomic MCQ 1

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Question:

9.The reason we observe the law of diminishing marginal returns is that A) as production expands, the firm is forced to hire low quality workers. B) firms become less efficient as they produce more. C) workers become fatigued as they are required to produce more. D) equipment breaks down more frequently as production expands. E) the production facility eventually becomes congested if the fim1 keeps hiring workers.

Author: Gonza R



Answer:

E) the production facility eventually becomes congested if the fim1 keeps hiring workers.


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Gonza R
Gonza R