(Table) Based on the Table, John's Salsa Company Faces Diminishing

question 259

Multiple Choice

(Table) Based on the table, John's Salsa Company faces diminishing marginal returns when the _____ employee is hired.
$\begin{array}{|c|c|}\hline \text { Labor } & \begin{array}{c}\text { Total } \\\text { Product }\end{array} \\\hline 1 & 9 \\\hline 2 & 20 \\\hline 3 & 33 \\\hline 4 & 40 \\\hline\end{array}$

• A) first
• B) second
• C) third
• D) fourth

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Definitions:

Product Availability

The extent to which a product can be purchased or obtained when desired by a customer.

Geographical Regions

Refers to specific areas or divisions of the world categorized by physical form, climate, political division, or economic condition.

Aggregation

The process of combining multiple pieces of data, inventory, or information into a single group or total, often for analysis or planning purposes.

Safety Inventory

Additional stock kept in reserve to protect against uncertainties in demand or supply, ensuring product availability.