Under ………………………type of unemployment, marginal product gained by employing one additional unit of labour is zero.
(Fill up the blank with correct answer)
Answers
Answer:
disguised unemployment.
Explanation:
here's the thing in disguised unemployment say, 40 workers can plough a field but the employer employ 50 workers to plough the same field. so, increasing the workers doesn't increase the number of field ploughed.
hope this help
Answer:
Under disguised unemployment type of unemployment, the marginal product gained by employing one additional ‘unit of labour is zero’.
Explanation:
In an economy when the productivity levels go down and become then there is a situation of disguised unemployment that exists. There are too many workers and only a few jobs hence there is some part of the labour that is left without work.
They are working in conditions where the worker contribution and productivity is zero. The disguised unemployment is the population that is not employed at ‘full capacity’ but gets counted in the ‘unemployment’ statistics within the economy.