Based on the Table Below and the Principle of Diminishing

question 93

Multiple Choice

Based on the table below and the principle of diminishing returns to capital,then total packages wrapped when a fourth machine is installed must be less than ______ packages. $$\begin{array} { | c | c | } \hline \text { Number of (Identical) Machines } & \text { Total Packages Wrapped } \\\hline 1 & 10,000 \\\hline 2 & 13,000 \\\hline 3 & 15,000 \\\hline\end{array}$$

• A)2,000
• B)15,000
• C)16,000
• D)17,000

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Definitions:

Salary Allowances

Additional monetary benefits provided to employees on top of their regular salary, potentially for specific purposes or expenses.

Capital Account

An account on a country's balance of payments that records transactions involving the purchase and sale of assets, representing changes in ownership of international assets.

Partnership Agreement

A contract between partners in a business that outlines the terms of the partnership, roles, and share of profits or losses.

Profits and Losses

Profits and losses correspond to the financial gains or losses generated by a company's operations over a specific period, reflecting its economic performance.