Table 11.1
$$\begin{array} { | c | c | c | }
\hline \text { Machines } & \text { Output } & \text { Product Price (\$) } \
\hline 0 & 0 & 3 \
\hline 1 & 7 & 3 \
\hline 2 & 12 & 3 \
\hline 3 & 15 & 3 \
\hline 4 & 17 & 3 \
\hline 5 & 18 & 3 \
\hline
\end{array}$$
-Refer to Table 11.1,which shows the product price of a perfectly competitive firm and the output produced by the firm. The diminishing marginal returns first become evident with the addition of the _____ machine.
A)first
B)second
C)third
D)fourth
E)fifth

Question

Table 11.1
 $$\begin{array} { | c | c | c | } 
\hline \text { Machines } & \text { Output } & \text { Product Price (\$) } \
\hline 0 & 0 & 3 \
\hline 1 & 7 & 3 \
\hline 2 & 12 & 3 \
\hline 3 & 15 & 3 \
\hline 4 & 17 & 3 \
\hline 5 & 18 & 3 \
\hline
\end{array}$$
-Refer to Table 11.1,which shows the product price of a perfectly competitive firm and the output produced by the firm. The diminishing marginal returns first become evident with the addition of the _____ machine.
A)first
B)second
C)third
D)fourth
E)fifth

Quizplus · Accepted Answer

The Answer of Table 11.1
 $$\begin{array} { | c | c | c | } 
\hline \text { Machines } & \text { Output } & \text { Product Price (\$) } \
\hline 0 & 0 & 3 \
\hline 1 & 7 & 3 \
\hline 2 & 12 & 3 \
\hline 3 & 15 & 3 \
\hline 4 & 17 & 3 \
\hline 5 & 18 & 3 \
\hline
\end{array}$$
-Refer to Table 11.1,which shows the product price of a perfectly competitive firm and the output produced by the firm. The diminishing marginal returns first become evident with the addition of the _____ machine.
A)first
B)second
C)third
D)fourth
E)fifth

Table 111 -Refer to Table 11