If all workers are hired at the same price, the marginal cost of producing each extra unit of output falls provided the ______ of each additional worker is rising.

Question

12-07-2022
Business

contestada

If all workers are hired at the same price, the marginal cost of producing each extra unit of output falls provided the ______ of each additional worker is rising.

Respuesta :

Otras preguntas

A square and a triangle have equal perimeters. The square has a perimeter of 4(x + 9), and the triangle has a perimeter of 3(x + 24). Find the perimeter value.

A bacteria population starts with 400 bacteria and grows at a rate of r(t) = (450.262)e1.12567t bacteria per hour. how many bacteria will there be after three h

A farmer has 4 horses and 16 cows. He put 1/4 of the horses in the barn and 1/4 of the cows in the bard. Did he put more horses or cows in the barn? Explain.

The Committee of Correspondence was

Wave interference A. is a property of light B. occurs when light and water interact C. is a property of all waves

What describes the political goals of the space race

use the base pairing rules to write the sequence that would pair with the following sequence: TCACGTA

People often have expectations about another person that influence how they act toward that person. such expectations in turn cause that person to behave consis

what is the circumference of the smaller circle

NEED HELP WITH THIS QUESTION! Will give brainliest!

Tundexi Tundexi · Answer 1 · 2022-07-13T17:06:18+02:00

When workers are hired at the same price, the MC of producing extra unit of output falls provided the marginal product of each additional worker is rising.

What is a marginal product?

For an input, it refers to the extra output that results from addition of one unit of the input to the existing combination of the productive factors.

Hence, whenever the workers are hired at the same price, the MC of producing extra unit of output falls provided the marginal product of each additional worker is rising.