A firm's total product of labor curve is represented by the following data: What is the marginal product of the seventh worker? When does the law of diminishing marginal product set in? Under these circumstances, would you ever choose to employ nine workers?

Question

A firm's total product of labor curve is represented by the following data:  What is the marginal product of the seventh worker? When does the law of diminishing marginal product set in? Under these circumstances, would you ever choose to employ nine workers?

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The Answer of A firm's total product of labor curve is represented by the following data:  What is the marginal product of the seventh worker? When does the law of diminishing marginal product set in? Under these circumstances, would you ever choose to employ nine workers?

A Firm's Total Product of Labor Curve Is Represented by the Following