Welcome to Schoolngr.com

Home   School   News   C B T   Classroom
Sunday, 07 July 2024

RegisterLogin

If successive units of labour are added to a piece of land while capital and technology ...

If successive units of labour are added to a piece of land while capital and technology remain constant, a point will be reached in the level of production when each added unit of labour will added less to the output than previous units of the labour. This concept is known as?

A. the productivity of labour
B. the law of diminishing marginal utility
C. the law diminishing returns
D. the concept of factor intensity
E. labour intensive production




STAY UPDATED
FOLLOW US ON :


AboutContact usBack to Top
...

Disclaimer
All Views, Names, Acronyms, Trademarks, Expressed on this website are those of their respective owners. Please note that www.schoolngr.com is not affiliated with any of the institutions featured in this website. It is always recommended to visit an institutions or sources official website for more information. In the same vein, all comments placed here do not represent the opinion of schoolngr.com


SCHOOLNGR - © 2020 - 2024 - Tayo Hammed | Terms Of Service | Copyright | Privacy Policy