Use the following table to answer the question : Table 16-1 : shows the total number of pizzas produced by 7 workers.

-In Table 16-1,marginal returns from labor diminishes from the _____ worker.
A)fifth
B)second
C)third
D)sixth

Question

Use the following table to answer the question : Table 16-1 : shows the total number of pizzas produced by 7 workers.

-In Table 16-1,marginal returns from labor diminishes from the _____ worker.
A)fifth 
B)second 
C)third 
D)sixth

Quizplus · Accepted Answer

The concept of diminishing marginal returns states that as additional units of a variable input (like labor) are added to a fixed input (like capital or land), the additional output (marginal returns) from each new unit of input will eventually decrease. Without seeing Table 16-1, the principle typically begins to apply after a certain point of adding inputs. Since the specific table is not provided, the general concept suggests that diminishing returns start after adding a few units of labor, making the third worker a reasonable point for this to begin based on common economic principles.

Use the Following Table to Answer the Question : Table