A bakery operating in the short run has found that when the level of employment in its baking room was increased from 4 to 10, in increments of one, its corresponding levels of production of bread were a. Calculate the marginal product of labor.
b. Explain whether this production function exhibits diminishing marginal productivity of labor.

Question

A bakery operating in the short run has found that when the level of employment in its baking room was increased from 4 to 10, in increments of one, its corresponding levels of production of bread were  a. Calculate the marginal product of labor.
b. Explain whether this production function exhibits diminishing marginal productivity of labor.

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The Answer of A bakery operating in the short run has found that when the level of employment in its baking room was increased from 4 to 10, in increments of one, its corresponding levels of production of bread were  a. Calculate the marginal product of labor.
b. Explain whether this production function exhibits diminishing marginal productivity of labor.

A Bakery Operating in the Short Run Has Found That