Use the following table to answer the question below: The amount of total output produced from various combinations of labor and capital. $$\begin{array} { c c c c c c }
& & { \text { Units af Capital } } \
& & 1 & 2 & 3 & 4 \
& 1 & 50 & 120 & 160 & 180 \
\text { Units } & 2 & 110 & 260 & 360 & 390 \
\text { of } & 3 & 150 & 360 & 510 & 560 \
\text { Lebor } & 4 & 170 & 430 & 630 & 690 \
& 5 & 160 & 480 & 710 & 790
\end{array}$$ If the capital stock is fixed at one unit,diminishing returns begin with the
A)first unit of labor.
B)second unit of labor.
C)third unit of labor.
D)fourth unit of labor.
E)fifth unit of labor.

Question

Use the following table to answer the question below: The amount of total output produced from various combinations of labor and capital. $$\begin{array} { c c c c c c } 
& & { \text { Units af Capital } } \
 & & 1 & 2 & 3 & 4 \
& 1 & 50 & 120 & 160 & 180 \
\text { Units } & 2 & 110 & 260 & 360 & 390 \
\text { of } & 3 & 150 & 360 & 510 & 560 \
\text { Lebor } & 4 & 170 & 430 & 630 & 690 \
& 5 & 160 & 480 & 710 & 790
\end{array}$$ If the capital stock is fixed at one unit,diminishing returns begin with the
A)first unit of labor.
B)second unit of labor.
C)third unit of labor.
D)fourth unit of labor.
E)fifth unit of labor.

Quizplus · Accepted Answer

Diminishing returns begin when each additional unit of labor adds less to the total output than the previous unit. Here, the increase in output from the first to the second unit of labor is 60 (110-50), from the second to the third is 40 (150-110), indicating diminishing returns start with the third unit of labor.

Use the Following Table to Answer the Question Below: the Amount