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Law, 22.11.2019 00:31 evazquez

The law of diminishing returns, as it applies to labor, means that a. the marginal product of labor eventually declines. b. the marginal product of labor will eventually be a horizontal line at zero. c. the average product of labor increases at a decreasing rate. d. the average product of labor starts to decline before the marginal product of labor.

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The law of diminishing returns, as it applies to labor, means that a. the marginal product of labor...

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