Based on the table below and the principle of diminishing returns to capital, then total packages wrapped when a fourth machine is installed must be less than ______ packages. $$\begin{array} { | c | c | }
\hline \text { Number of (Identical) Machines } & \text { Total Packages Wrapped } \
\hline 1 & 10,000 \
\hline 2 & 13,000 \
\hline 3 & 15,000 \
\hline
\end{array}$$

Question

Based on the table below and the principle of diminishing returns to capital, then total packages wrapped when a fourth machine is installed must be less than ______ packages. $$\begin{array} { | c | c | } 
\hline \text { Number of (Identical) Machines } & \text { Total Packages Wrapped } \
\hline 1 & 10,000 \
\hline 2 & 13,000 \
\hline 3 & 15,000 \
\hline
\end{array}$$

Quizplus · Accepted Answer

According to the principle of diminishing returns, each additional machine will add less to the total output than the previous one. The third machine added 2,000 packages (from 13,000 to 15,000), so the fourth machine must add less than 2,000 packages, making the total less than 17,000.

Based on the Table Below and the Principle of Diminishing