Table 8-3 -Refer to Table 8-3

question 220

Multiple Choice

Table 8-3
$\begin{array}{|c|c|c|c|}\hline \begin{array}{c}\text { Quantity of } \\\text { Workers }\end{array} & \begin{array}{c}\text { Quantity of } \\\text { Boxes }\end{array} & \begin{array}{c}\text { Marginal } \\\text { Product of } \\\text { Labor }\end{array} & \begin{array}{c}\text { Average } \\\text { Product of } \\\text { Labor }\end{array} \\\hline 0 & 0 & \cdots \cdots & \cdots \\\hline 1 & 50 & & \\\hline 2 & 200 & & \\\hline 3 & 240 & & \\\hline 4 & 264 & & \\\hline 5 & 284 & & \\\hline\end{array}$
-Refer to Table 8-3.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

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Definitions:

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