Consider the following table for a firm.The first column shows the number of units of a variable factor of production employed by the firm.
TABLE 13-2
-Refer to Table 13-2.This firm begins to experience diminishing marginal productivity when it hires the ________ unit of the factor.
A)3rd
B)4th
C)5th
D)6th
E)7th

Question

Consider the following table for a firm.The first column shows the number of units of a variable factor of production employed by the firm.
  TABLE 13-2
-Refer to Table 13-2.This firm begins to experience diminishing marginal productivity when it hires the ________ unit of the factor.
A)3rd 
B)4th 
C)5th 
D)6th 
E)7th

Quizplus · Accepted Answer

The Answer of Consider the following table for a firm.The first column shows the number of units of a variable factor of production employed by the firm.
  TABLE 13-2
-Refer to Table 13-2.This firm begins to experience diminishing marginal productivity when it hires the ________ unit of the factor.
A)3rd 
B)4th 
C)5th 
D)6th 
E)7th

Consider the Following Table for a Firm