Author Question: As more workers are hired to harvest grapes in a vineyard, the fields become overcrowded. As a ... (Read 58 times)

jon_i · **on:** Jun 30, 2018

As more workers are hired to harvest grapes in a vineyard, the fields become overcrowded. As a result, the marginal product of labor is likely to diminish.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Which of the following properties is common to a partnership business?
a. Limited liability
b. Centralized ownership and management
c. Continuity and unlimited existence of the business
d. Co-ownership of contributed assets