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Author Question: The law of diminishing marginal returns states that A) as both labor and capital are increased, ... (Read 92 times)

Beheh

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on: Jun 29, 2018
The law of diminishing marginal returns states that
 
  A) as both labor and capital are increased, output increases at a decreasing rate.
  B) output increases at a decreasing rate as more capital is added.
  C) output decreases at a constant rate as more capital is added.
  D) as both labor and capital are increased, output does not change.
  E) output increases at a constant rate as more capital is added.

Question 2

Over the last 50 years, the U.S. labor force participation rate of men has ________ by ________ the labor force participation of women has ________. As a result, the overall U.S. labor force participation has ________.
 
  A) increased; more than; decreased; increased
  B) decreased; more than; increased; decreased
  C) increased; less than; decreased; decreased
  D) decreased; about the same rate as; increased; remained steady
  E) decreased; less than; increased; increased


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briezy

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

E


Beheh

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Reply #2 on: Jun 29, 2018
Thank you :)


briezy

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Reply #3 on: Jun 29, 2018
Happy to help you


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