subject
Business, 03.12.2019 10:31 kkstone

We often observe that addition of another unit of labor increases output but by an amount that is smaller than the addition of the previous unit of labor. in such a situation the producer is experiencing

diminishing labor.

diminishing output.

diminishing marginal product.

negative marginal product.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 23:50
Melissa buys an iphone for $240 and gets consumer surplus of $160. a. what is her willingness to pay? b. if she had bought the iphone on sale for $180, what would her consumer surplus have been?
Answers: 3
question
Business, 23.06.2019 00:50
On january 1 of the current year, jimmy's sandwich company reported owner's capital totaling $128,000. during the current year, total revenues were $106,000 while total expenses were $95,500. also, during the current year jimmy withdrew $30,000 from the company. no other changes in equity occurred during the year. if, on december 31 of the current year, total assets are $206,000, the change in owner's capital during the year was:
Answers: 3
question
Business, 23.06.2019 05:00
Choose a well-known company that you know of, and describe its direct and indirect competitors. choose a well-known company that you know of, and describe its direct and indirect competitors. describe at least three direct competitors and three indirect competitors.at least three direct competitors and three indirect competitors.
Answers: 2
question
Business, 23.06.2019 08:00
Why do you think the federal government commits so much time and so many resources to supporting small businesses when they make less of a contribution to the overall economy than large corporations?
Answers: 1
You know the right answer?
We often observe that addition of another unit of labor increases output but by an amount that is sm...
Questions
question
Mathematics, 08.02.2021 01:00
question
Mathematics, 08.02.2021 01:00
question
Biology, 08.02.2021 01:00