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exis [7]
4 years ago
9

Which of the following is an example of how a firm can resolve the problem of diminishing marginal returns of labor?

History
1 answer:
Marrrta [24]4 years ago
6 0
<span>By increasing its physical capital
 the physical capital includes machinery and other manufacturing or business  tool. With diminishing return of labor, there is already an excess of needed employees, who need to be marched with enough physical capital to harness and increase their output.
</span>
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This is evident in the fact that the system of serfdom started around the 11th century in Europe and grew throughout Western Europe and later towards Eastern Europe till around the 14th century when the Renaissance period began. The serfdom period was characterized by a majority of people being either serfs, domestic slaves, or lacked freedom until the period around 14th and 15th centuries when there was an increase in powerful rulers, towns, and an expanding economy.

Hence, in this case, the correct answer is option A "80-90% were either serfs or slaves and lacked freedom."

Learn more here: brainly.com/question/235690

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