|
Author Question: When there are diminishing marginal returns to labor, the marginal product of the last worker hired ... (Read 76 times) |
Did you know?
The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").
Did you know?
During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).
Did you know?
Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.
Did you know?
Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.
Did you know?
The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.