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:> Question 8 1 pts One would expect a sports team who continues to add players to its roster {beyond the minimum required to field

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:> Question 8 1 pts One would expect a sports team who continues to add players to its roster {beyond the minimum required to "field a team\") to eventually encounter: Diminishing marginal product of labor. Diminishing marginal product of capital. Robust marginal revenue growth. Increasing marginal product of labor. D Question 9 1 pts The marginal costs of effort tend to: Decrease as effort increases. Equal marginal revenue resulting from effort and all levels of effort put forth. Increase as effort increases. Remain constant as effort increases. 3 Question 10 1 pts In nal offer arbitration players and owners submit positions to an arbitrator: Who tries to get both parties to agree. Who then chooses a wage they think is appropriate. Who must choose one position or the other. Who sees that the decision is binding on both parties. :> Question 11 1 pts True/false: In a world of perfect information, economists view the existence of strikes and lockouts as errors. True False

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