-In Figure 7-4,marginal product of labor is diminishing for levels of employment
A)between 0 and 35 workers
B)equal to 35 workers
C)between 35 and 80 workers
D)greater than 80 workers
E)none of the above

Question

-In Figure 7-4,marginal product of labor is diminishing for levels of employment
A)between 0 and 35 workers 
B)equal to 35 workers 
C)between 35 and 80 workers 
D)greater than 80 workers 
E)none of the above

Quizplus · Accepted Answer

The marginal product of labor is diminishing when each additional worker contributes less to output than the previous one. This typically occurs after a certain level of employment, which in this case is between 35 and 80 workers.

-In Figure 7-4,marginal Product of Labor Is Diminishing for Levels