Table 7.2
$$\begin{array} { c c }
\text { Labor } & \begin{array} { c }
\text { Total Froduct } \
\text { (pairs of shoes) }
\end{array} \
\hline 0 & 0 \
1 & 20 \
2 & 50 \
3 & 75 \
4 & 80 \
5 & 75
\end{array}$$
-Refer to Table 7.2,which shows labor and the quantity of shoes produced by a firm.At which points do negative marginal returns set in?
A)before the first unit of labor
B)between the first and second units of labor
C)between the second and third units of labor
D)between the third and fourth units of labor
E)between the fourth and fifth units of labor

Question

Table 7.2
 $$\begin{array} { c c } 
\text { Labor } & \begin{array} { c } 
\text { Total Froduct } \
\text { (pairs of shoes) }
\end{array} \
\hline 0 & 0 \
1 & 20 \
2 & 50 \
3 & 75 \
4 & 80 \
5 & 75
\end{array}$$
-Refer to Table 7.2,which shows labor and the quantity of shoes produced by a firm.At which points do negative marginal returns set in?
A)before the first unit of labor
B)between the first and second units of labor
C)between the second and third units of labor
D)between the third and fourth units of labor
E)between the fourth and fifth units of labor

Quizplus · Accepted Answer

Negative marginal returns set in when additional units of labor result in a decrease in total output. According to the table, this occurs between the fourth and fifth units of labor, where total product decreases from 80 to 75 pairs of shoes.

Table 72 -Refer to Table 7