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Table 75
​ -Refer to Table 7

Question 3

Multiple Choice

Table 7.5

 Labor  Total Froduct  Marginal Product 12226 A3 B64164518C6D0\begin{array} { | c | c | c | } \hline \text { Labor } & \text { Total Froduct } & \text { Marginal Product } \\\hline 1 & 2 & 2 \\\hline 2 & 6 & \mathrm {~A} \\\hline 3 & \mathrm {~B} & 6 \\\hline 4 & 16 & 4 \\\hline 5 & 18 & \mathrm { C } \\\hline 6 & \mathrm { D } & 0 \\\hline\end{array}
-Refer to Table 7.5,which shows labor,total product,and marginal product produced by a firm.At which point do diminishing marginal returns set in?


A) before the first unit of labor
B) between the first and second units of labor
C) between the second and third units of labor
D) between the third and fourth units of labor
E) between the fourth and fifth units of labor

Correct Answer:

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