Refer to the information provided in Figure 7.5 below to answer the question(s) that follow. Figure 7.5
-Refer to Figure 7.5. Diminishing marginal returns set in after the ________ worker is hired.
A) first
B) fifth
C) eighth
D) sixteenth

Question

Refer to the information provided in Figure 7.5 below to answer the question(s) that follow.  Figure 7.5
-Refer to Figure 7.5. Diminishing marginal returns set in after the ________ worker is hired.
A) first 
B) fifth 
C) eighth 
D) sixteenth

Quizplus · Accepted Answer

Diminishing marginal returns occur when adding an additional factor of production results in a smaller increase in output. Without seeing Figure 7.5, the typical context of this concept suggests that after a certain point, adding more workers leads to less efficient production increases. The correct answer, based on the question, is after the fifth worker is hired.

Refer to the Information Provided in Figure 7