Macroeconomics

Assume that after the fifth worker, each additional worker a firm hire

Assume that after the fifth worker, each additional worker a firm hires is less productive than the previous worker. Based on this information, we can conclude that beyond the fifth worker, the average product of labor will: A) increase. B) stay the same. C) decrease. D) cannot be determined without additional information.   ANSWER D

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Date: September 10th, 2020