See Images - ### Short-Run Production Function for DVD DrivesThe following table represents the short-run production function for a manufacturer of DVD drives. It illustrates how the number of workers (quantity of labor) impacts the total output of DVD drives. | Number of Workers (Quantity of Labor) | Total Output of DVD Drives ||---------------------------------------|----------------------------|| 0 | 0 || 1 | 16,000 || 2 | 50,000 || 3 | 75,000 || 4 | 92,000 || 5 | 105,000 || 6 | 102,000 |This data highlights the relationship between labor input and production output, showcasing how additional workers contribute to production until a certain point where the output starts to decrease, indicating diminishing returns. d. Which worker(s) are in the region of diminishing marginal returns?e. Which worker(s) are in the region of decreasing marginal returns?f. In the region of diminishing marginal returns, what is happening to marginal cost?

Answered: d. Which worker(s) are in the region of…

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

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Chapter1: Making Economics Decisions

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### Short-Run Production Function for DVD Drives

The following table represents the short-run production function for a manufacturer of DVD drives. It illustrates how the number of workers (quantity of labor) impacts the total output of DVD drives.

| Number of Workers (Quantity of Labor) | Total Output of DVD Drives |
|---------------------------------------|----------------------------|
| 0 | 0 |
| 1 | 16,000 |
| 2 | 50,000 |
| 3 | 75,000 |
| 4 | 92,000 |
| 5 | 105,000 |
| 6 | 102,000 |

This data highlights the relationship between labor input and production output, showcasing how additional workers contribute to production until a certain point where the output starts to decrease, indicating diminishing returns.

d. Which worker(s) are in the region of diminishing marginal returns?

e. Which worker(s) are in the region of decreasing marginal returns?

f. In the region of diminishing marginal returns, what is happening to marginal cost?

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marginal cost is the extra expense caused by the creation of another unit of a decent or administration. It is gotten from the variable expense of creation, considering that decent expenses don't change as yield changes, thus no extra fixed expense is brought about in delivering one more unit of a decent or administration once the creation has as of now begun.

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