Exhibit 6-1 Production of pizza data Exhibit 6-1 shows the change in the short-run production of pizzas as more workers are hired. The table shows the marginal product of the labor input is decreasing with the hiring of the third worker. A possible reason for this diminishing marginal product is:

Question

Exhibit 6-1  Production of pizza data  Exhibit 6-1 shows the change in the short-run production of pizzas as more workers are hired. The table shows the marginal product of the labor input is decreasing with the hiring of the third worker. A possible reason for this diminishing marginal product is:

Quizplus · Accepted Answer

Diminishing marginal product occurs when adding an additional unit of input (in this case, hiring another worker) results in a decrease in the marginal product of that input. This can be caused by a variety of factors, but in this case, the most likely reason is that the workspace or equipment is not large enough to accommodate more workers, leading to overcrowding and decreased productivity. Alternatively, it could be that the workers are not being used efficiently or are not properly trained, leading to a decrease in their productivity as more workers are hired.

Exhibit 6-1 Production of Pizza Data Exhibit 6-1 Shows the Change