- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 1. The Firm and Market Structures
- Subject 1. Supply Analysis: Cost, Marginal Return, and Productivity
CFA Practice Question
Diminishing marginal returns occur when the marginal product of an additional worker is ______
A. less than the marginal product of the previous worker.
B. equal to the marginal product of the previous worker.
C. greater than the marginal product of the previous worker.
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