Asked by
Johanna Marie
on Nov 16, 2024Verified
If the marginal productivity of the sixth worker hired is less than the marginal productivity of the fifth worker hired, then the addition of the sixth worker causes total output to decline.
Marginal Productivity
The extra output that is produced by using one more unit of a variable input, while keeping the quantities of other inputs constant.
- Determine the elements of production and their influence on the marginal output.
Verified Answer
AL
Learning Objectives
- Determine the elements of production and their influence on the marginal output.
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