If the marginal product of the fourth worker is less than the marginal product of the third worker, the firm is experiencing А. diminishing marginal returns В. increasing marginal returns С. diseconomies of scale D. diminishing marginal utility

If the marginal product of the fourth worker is less than the marginal product of the third worker, the firm is experiencing А. diminishing marginal returns В. increasing marginal returns С. diseconomies of scale D. diminishing marginal utility

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter11: The Firm: Production And Costs

Section: Chapter Questions

Problem 6P

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Question

If the marginal product of the fourth worker
is less than the marginal product of the third
worker, the firm is experiencing
А.
diminishing marginal returns
В.
increasing marginal returns
C.
diseconomies of scale
D.
diminishing marginal utility

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