If Diminishing Marginal Returns Have Already Set in for Golden

question 74

Multiple Choice

If diminishing marginal returns have already set in for Golden Lark Woodworks, and the marginal product of the 6th carpenter is 8 chairs, then the marginal product of the 7th carpenter is

• A)negative.
• B)less than 8 chairs.
• C)more than 8 chairs.
• D)zero.

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Definitions:

AWS

American Welding Society, an organization dedicated to advancing the science, technology, and application of welding and allied joining and cutting processes.

Extension Lines

Extension lines are lines drawn on a blueprint or sketch that extend from the outline of a part to call out dimensions or indicate a detail’s location.

Dimension Lines

Lines used in a drawing to show the direction and extent of a dimension, often terminating in arrowheads that point precisely to the dimension's extent.

Callout

An annotation on a drawing, usually detailing information of a specific feature, dimension, or instruction.