Answer to Question #244788 in Economics for sara

Question #244788

The table shows units of output, value of output and number of people employed in an industry over three years, what can be concluded from the table?


1
Expert's answer
2021-09-30T12:20:50-0400

If the table shows units of output, value of output and number of people employed in an industry over three years, then we can observe at what employment level we have increasing, constant or decreasing marginal returns of labor.


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