Business, 03.12.2019 08:41 brown62

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.

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We often observe that addition of another unit of labor increases output but by an amount that is sm...
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