With which unit of labor do diminishing marginal returns first appear in Table 21.1?
A) The first.
B) The second.
C) The third.
D) The fourth.

Name: With which unit of labor do diminishing marginal returns first appear in Table 21.1? A) The first. B) The second. C) The third. D) The fourth.
Brand: Quizplus
Rating: 5.0 (47 reviews)

Question

With which unit of labor do diminishing marginal returns first appear in Table 21.1?
A) The first. 
B) The second. 
C) The third. 
D) The fourth.

Quizplus · Accepted Answer

Diminishing marginal returns first appear with the third unit of labor in Table 21.1. At this point, the marginal product of labor begins to decrease despite an increase in the number of workers.

With Which Unit of Labor Do Diminishing Marginal Returns First