CUET Preparation Today
Which of the following correctly defines "Disguised unemployment"? |
More number of workers are involved than required Marginal productivity of an additional worker is almost zero Both 1 and 2 None of the above |
Both 1 and 2 |
Disguised unemployment is a situation where the number of actual workers working exceed the total number of required workers. It occurs when productivity is low and too many workers are filling too few jobs. All the extra/additional worker acts as a hinderance towards the productivity of other workers implying diminishing returns. |
