Exhibit 6-5 Workers and output data

-In Exhibit 6-5,diminishing returns set in when the ____ worker is hired.

Name: Exhibit 6-5 Workers and output data -In Exhibit 6-5,diminishing returns set in when the ____ worker is hired.
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Question

Exhibit 6-5 Workers and output data
 
-In Exhibit 6-5,diminishing returns set in when the ____ worker is hired.

Quizplus · Accepted Answer

Diminishing returns occur when each additional worker contributes less to output than the previous one. This typically starts after the initial increase in productivity, often observed with the third worker in such scenarios.

Exhibit 6-5 Workers and Output Data