John Amaker owns orange groves and hires pickers for a two-week period as shown in Table 7-3.
Table 7-3
-In Table 7-3, diminishing returns set in with picker
A)3.
B)4.
C)5.
D)6.
E)9.

Question

John Amaker owns orange groves and hires pickers for a two-week period as shown in Table 7-3.
Table 7-3 
-In Table 7-3, diminishing returns set in with picker
A)3. 
B)4. 
C)5. 
D)6. 
E)9.

Quizplus · Accepted Answer

Diminishing returns occur when each additional unit of input results in a smaller increase in output. Picker 4 is the point where the increase in output starts to decline compared to previous pickers.

John Amaker Owns Orange Groves and Hires Pickers for a Two-Week