-The table above shows the short- run product schedule for Virginia's T- Shirts. The worker for whom the law of diminishing marginal returns initially occurs is the _______ worker.
A) 2nd
B) 3rd
C) 5th
D) 4th

Question

-The table above shows the short- run product schedule for Virginia's T- Shirts. The worker for whom the law of diminishing marginal returns initially occurs is the _______ worker.
A) 2nd 
B) 3rd 
C) 5th 
D) 4th

Quizplus · Accepted Answer

The law of diminishing marginal returns occurs when adding an additional factor of production results in a smaller increase in output. This typically happens after a certain point. In this case, it is the 3rd worker where the marginal product starts to decrease.

-The Table Above Shows the Short- Run Product Schedule for Virginia's