The table shows how the output of wool fabric varies with the number of workers employed in a factory. Labor Output (yards of fabric per day) (number of workers) 1 15 2 40 3 55 4 65 5 70 70 Based on the data in the table, diminishing marginal returns begin after Select one: O a. the fifth worker is employed. O b. the first worker is employed. the sixth worker is employed. O d. the third worker is employed. O e. the second worker is employed.

The table shows how the output of wool fabric varies with the number of workers employed in a factory. Labor Output (yards of fabric per day) (number of workers) 1 15 2 40 3 55 4 65 5 70 70 Based on the data in the table, diminishing marginal returns begin after Select one: O a. the fifth worker is employed. O b. the first worker is employed. the sixth worker is employed. O d. the third worker is employed. O e. the second worker is employed.

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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