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bluehare134Lv1
28 Sep 2019
Quality of labor (workers)
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Total product (units per hour)
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The table above shows the total product schedule for The X Firm. Decreasing marginal returns occur with the ________ worker because ________.
a. 6th; output starts to decline.
b. 6th; the marginal product of labor is greater than the average product of labor.
c. 5th; the marginal product of labor for the 5th worker is less than the marginal product of the 4th worker.
d. 4th; output reaches is maximum.
e. 5th; the average product of labor is also declining.
Quality of labor (workers) |
0 |
1 |
2 |
3 |
4 |
5 |
6 |
Total product (units per hour) |
0 |
2 |
5 |
9 |
15 |
18 |
17 |
The table above shows the total product schedule for The X Firm. Decreasing marginal returns occur with the ________ worker because ________.
a. 6th; output starts to decline.
b. 6th; the marginal product of labor is greater than the average product of labor.
c. 5th; the marginal product of labor for the 5th worker is less than the marginal product of the 4th worker.
d. 4th; output reaches is maximum.
e. 5th; the average product of labor is also declining.
Darryn D'SouzaLv10
28 Sep 2019