I hiring more worker results, in each additional workercontriburing successively

Question

I hiring more worker results, in each additional workercontriburing successively smaller amounts of output , then a.diminishing profitability ispresent. b.diminishing marginal cost is present c.diminishing marginal product is present d.diminishing total product is present I hiring more worker results, in each additional workercontriburing successively smaller amounts of output , then a.diminishing profitability ispresent. b.diminishing marginal cost is present c.diminishing marginal product is present d.diminishing total product is present

Explanation / Answer

c.diminishing marginal product is present diminishing marginal product means you put in more but getless everytime you do it Read this http://en.wikipedia.org/wiki/Diminishing_returns

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