The Short Run Production Function Is Concave Because

The short run production function is concave because

A) hiring more employees is always more efficient for the firm.
B) the best employees are hired first,so the quality of employees decreases as more workers are added.
C) it is harder for a firm to manage a higher level of capital.
D) the level of capital can be adjusted.
E) hiring more workers,holding capital fixed,leads to overcrowding.

Correct Answer:

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