Why does marginal physical product decline at a fast food outlet (e.g., McDonald's) when more employees are

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Why does marginal physical product decline at a fast food outlet (e.g., McDonald's) when more employees are hired? What are the fixed input constraints that limit worker productivity?

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Essentials of Economics

ISBN: 978-1259235702

10th edition

Authors: Bradley Schiller, Karen Gebhardt

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Question Posted: Aug 30, 2017 11:49 PM

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Why does marginal physical product decline at a fast food outlet (e.g., McDonald's) when more employees are

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The law of diminishing returns states that the marginal physical product of labor declines ...View the full answer

Essentials of Economics

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