Author Question: Thomas Malthus' prediction of mass starvation resulting from diminishing marginal returns has not ... (Read 84 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?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

For a complete list of videos, visit our video library