Multiple Choice
Consider the following table for a firm.The first column shows the number of units of a variable factor of production employed by the firm.
TABLE 13-2
-Refer to Table 13-2.This firm begins to experience diminishing marginal productivity when it hires the ________ unit of the factor.
A) 3rd
B) 4th
C) 5th
D) 6th
E) 7th
Correct Answer:

Verified
Correct Answer:
Verified
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