Soioet ena b pnouoing at a port Seect one Soioct ona d tors hough thet The magra

Question

Soioet ena b pnouoing at a port Seect one Soioct ona d tors hough thet The magra, product of boors Select ona: 5etal product mass quarty of Ler. b, the change r, tot pedact when ore more workerstied. The table above shows the total product schedule for TheXmInsasing naginal nus occur ursl the a Sth output deolines with the 8h worker 3rd; the everage pro uor or labor is also needing The table above shows the total product scheduie for ThaXm.Decreing marginal ratume cccur weh tho Select one: a êhe the nagina product of abor ia grooter than the awwage produet of lcbor d. 5th the avarage product of abor is also declining

Explanation / Answer

1. c) increasing marginal returns to labor

As Jeremiah adds more labor the total output also increases. Hence he will be experiencing increasing arginal returns to labor.

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