In the typical production function in the economy, the marginal product of labor first rises and then falls because

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    of the law of diminishing marginal returns.
     as more and more of one input is used and other inputs are held constant, the additions to output from employing that input will eventually decrease.
     at low levels of labor workers are able to specialize in tasks productivity increases, but as more labor is employed with a constant amount of capital, some workers become unproductive.
     All of the above.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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All of the above.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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