All of the above sounds about right
Answer:
Marginal product
Explanation:
There would be an increase in the marginal product of labour. more workers would result in more specialization in skilled areas. As workers increase, it is expected that work done would rise also.
Such that a time would come when the workers would be enough and no more gains would be accrued from specialization. We refer to this as the point of diminishing marginal product. capital would be fixed such that as more workers are used capital declines for each worker.
Answer:
He and his employer are both paying a portion of the contributions
Explanation:
Most employees of private companies in the United States have employer-sponsored healthcare insurance. This means that the company they work for chooses the insurance plan, and pay the biggest share of the cost of the plan. However, the employee also has to contribute to the cost, allocating a percentage of his salary for this installment.
This is the type of plan Dennis would be enrolled once hired by the national credit card company.
