Narrbegin Exhibit 6.4 Workers and output data
$$\begin{array} { | c | c | }
\hline \text { Labourers } & \begin{array} { c }
\text { Total } \
\text { product }
\end{array} \
\hline0 & 0 \
\hline 1 &8 \
\hline 2 & 20 \
\hline 3 & 25 \
\hline 4 & 28 \
\hline 5 & 29 \
\hline
\end{array}$$
-In Exhibit 6.4, the marginal returns are largest when the _____ worker is hired.

Question

Narrbegin Exhibit 6.4 Workers and output data
 $$\begin{array} { | c | c | } 
\hline \text { Labourers } & \begin{array} { c } 
\text { Total } \
\text { product }
\end{array} \
\hline0 & 0 \
\hline 1 &8 \
\hline 2 & 20 \
\hline 3 & 25 \
\hline 4 & 28 \
\hline 5 & 29 \
\hline
\end{array}$$ 
-In Exhibit 6.4, the marginal returns are largest when the _____ worker is hired.

Quizplus · Accepted Answer

The marginal product of labor increases from 50 units to 70 units when the second worker is hired, indicating that the second worker contributes the most to the output. After the second worker, the marginal product of labor starts to decrease, indicating diminishing marginal returns.

Narrbegin Exhibit 6 -In Exhibit 6