Author Question: Thomas Malthus' prediction of mass starvation resulting from diminishing marginal returns has not ... (Read 95 times)

stock

  • Hero Member
  • *****
  • Posts: 573
Thomas Malthus' prediction of mass starvation resulting from diminishing marginal returns has not been fulfilled because
 
  A) the law of diminishing marginal returns did not hold in this case.
  B) Malthus ignored other factors like technological change.
  C) relative to Malthus' day, larger percentage of today's labor works in the agricultural sector.
  D) All of the above.

Question 2

Which situation is most likely to exhibit diminishing marginal returns to labor?
 
  A) a factory that obtains a new machine for every new worker hired
  B) a factory that hires more workers and never increases the amount of machinery
  C) a factory that increases the amount of machinery and holds the number of worker constant
  D) None of these situations will result in diminishing marginal returns to labor.


nekcihc358

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

For a complete list of videos, visit our video library