Use the following for questions 44-50.

-(Exhibit: Total Product and Marginal Product) Diminishing marginal returns begin with the ________ worker.
A) second
B) third
C) fourth
D) fifth

Question

Use the following for questions 44-50.
 
-(Exhibit: Total Product and Marginal Product) Diminishing marginal returns begin with the ________ worker.
A) second 
B) third 
C) fourth 
D) fifth

Quizplus · Accepted Answer

Diminishing marginal returns occur when the addition of an extra unit of input (in this case, a worker) results in a smaller increase in output than the previous unit added. If the exhibit shows that this phenomenon starts with the fourth worker, it means that adding the fourth worker increases total output by less than the third worker did, indicating the beginning of diminishing marginal returns.

Use the Following for Questions 44-50