Diminishing marginal returns to labor means
A) that each additional worker costs more.
B) that each additional worker produces less than the previous worker.
C) that each additional worker costs less.
D) that total product grows at a constant rate when workers are added to production.
Question 2
If marginal costs are virtually zero after initial units are produced
A) inventors need to sell lots of units to make money.
B) inventors need to be paid upfront.
C) inventors need to sell their patents.
D) none of these choices.
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