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For this question, first select the answer you think is correct...

For this question, first select the answer you think is correct from among (a) through (d) and then briefly explain why. 

 

       The law of diminishing marginal returns means that 

 

(a)  the cost of producing each additional unit decreases

 

(b)  each additional worker is more and more satisfied

 

(c)  the increases in output produced by each additional worker get smaller

 

(d)  all of the above

 



 

Answer & Explanation

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Answered by emilouj93 on coursehero.com
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