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If a business owner can produce more as a whole with an additional worker even if the marginal product associated with that worker is lower
If a business owner can produce more as a whole with an additional worker even if the marginal product associated with that worker is lower than the marginal product associated with the previous worker, then there are: Multiple choice question. zero marginal returns. negative marginal returns. diminishing marginal returns. increasing marginal returns
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Economics for Managers
Authors: Paul G. Farnham
3rd edition
132773708, 978-0133561128, 133561127, 978-0132773706
