The law of diminishing marginal returns per worker states that beyond some point:
a. marginal satisfaction declines per unit.
b. decreases in capital per worker add more to output per worker.
c. marginal satisfaction increases per unit.
d. increases in capital per worker add less to output per worker.
d
Economics
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A) patents and copyrights B) nationalizing oil companies C) government-run health care D) centrally planned economies
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Which of the following macroeconomic variables does not vary much over the seasons?
A) The nominal money stock B) The unemployment rate C) The real wage D) Average labor productivity
Economics