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If Labor Is the Only Variable Input,an Increase in the Quantity

Question 84

Multiple Choice

If labor is the only variable input,an increase in the quantity of labor:


A) does not have any effect on the quantity of output.
B) causes the output to increase initially at a diminishing rate and then at an increasing rate.
C) causes the output to increase at a constant rate till the last worker is hired.
D) causes the output to increase initially at an increasing rate and then at a decreasing rate.
E) causes the output to decrease at a constant rate till the last laborer is hired.

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