We can safely say that total output can decrease if there is a(n)
A. decrease in the number of workers per machine.
B. increase in the size of the labor force and an increase in the productivity of workers.
C. increase in the size of capital and an increase in the productivity of machines.
D. increase in the number of machines per worker.
Answer: A
Economics
You might also like to view...
Diminishing marginal returns are the reason why some industries have positively-sloped long-run average cost curves
a. True. b. False.
Economics
Goods that are not excludable include both
a. private goods and public goods. b. club goods and common resources. c. common resources and public goods. d. private goods and club goods.
Economics