If more and more labor is employed while keeping all other inputs constant, the marginal physical productivity of labor
a. will eventually increase.
b. will eventually decrease.
c. will eventually remain constant.
d. cannot tell from the information provided.
b
You might also like to view...
What does it mean for a good to have a demand-determined price?
What will be an ideal response?
All of the following are examples of a sequential game except which one?
A) Checkers B) Tic-Tac-Toe C) Chess D) Rock-Paper-Scissors
In 2001, women in most occupations earned ________ of what males in the same occupation earned
a. less than 30 percent b. about 50 percent c. about 70 percent d. about 90 percent
Whom does the Bureau of Labor Statistics include in the "discouraged workers" group?
a. All those between 16 and 65 who are neither disabled nor in an institution and are also neither employed nor seeking employment. b. Civilian labor force members who have chosen early retirement because they dislike their work or think the pay is too low. c. Members of the noninstitutional population who say they want to be employed but aren't searching for a job. d. Members of the civilian labor force who are looking for a job but cannot find one. e. Anyone in the population who is not working.