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Question
Table 11-3| Quantity of Workers | Quantity of Boxes | Marginal Product of Labor | Average Product of Labor |
| 0 | 0 | ----- | ----- |
| 1 | 50 | ||
| 2 | 200 | ||
| 3 | 240 | ||
| 4 | 264 | ||
| 5 | 284 |
Refer to Table 11-3. The table above refers to the relationship between the quantity of workers employed and the number of cardboard boxes produced per day by Manny's House of Boxes. The capital used to produce the boxes is fixed. Diminishing returns to labor are first observed in this example after Manny hires the ________ worker.
A) second
B) third
C) fourth
D) fifth
Answer
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Related questions
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Which of the following would be categorized as an opportunity cost?
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