If a shoe factory has a fixed number of machines (capital) and hire more workers


If a shoe factory has a fixed number of machines (capital) and hire more workers, Initially, shoe production will increase. However, after a certain point, Each new worker will add less to production than the previous one because available machines become a limiting factor..
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If a shoe factory has a fixed number of machines (capital) and hire more workers
,
Initially
,
shoe production will increase
.
However
,
after a certain point
,
Each new worker will add less to production than the previous one because available machines become a limiting factor
..
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