Table 7.3
$$\begin{array} { c c }
\begin{array} { c }
\text { Number } \
\text { of Workers }
\end{array} & \begin{array} { c }
\text { Total } \
\text { Output }
\end{array} \
\hline 0 & 0 \
1 & 10 \
2 & 40 \
3 & 100 \
4 & 140 \
5 & 160 \
6 & 170 \
7 & 150
\end{array}$$
-Refer to Table 7.3,which shows the number of workers and total output produced in a firm.Diminishing marginal returns set in with the addition of the _____
A)first worker.
B)third worker.
C)fourth worker.
D)fifth worker.
E)seventh worker.

Question

Table 7.3
 $$\begin{array} { c c } 
\begin{array} { c } 
\text { Number } \
\text { of Workers }
\end{array} & \begin{array} { c } 
\text { Total } \
\text { Output }
\end{array} \
\hline 0 & 0 \
1 & 10 \
2 & 40 \
3 & 100 \
4 & 140 \
5 & 160 \
6 & 170 \
7 & 150
\end{array}$$
-Refer to Table 7.3,which shows the number of workers and total output produced in a firm.Diminishing marginal returns set in with the addition of the _____
A)first worker.
B)third worker.
C)fourth worker.
D)fifth worker.
E)seventh worker.

Quizplus · Accepted Answer

Diminishing marginal returns set in with the addition of the fourth worker, as the total output only increases by 40 units instead of 60 units when the fifth worker is added. Furthermore, the total output even decreases with the addition of the seventh worker, indicating that the firm may have reached its maximum output capacity with its current technology and resources.

Table 73 -Refer to Table 7