Business
Business, 21.02.2020 19:49, natalie2sheffield

Over a five-year span, the ABC Co. reduced the amount of labor it hired. At the same time, the marginal productivity of labor increased. Which of the following COULD explain this observation? (a)the law of diminishing marginal returns (b)labor saving technical change (c)organizational innovation (d)All of the above.

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Over a five-year span, the ABC Co. reduced the amount of labor it hired. At the same time, the margi...

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