A student looks at the numbers in Table 11.3 and draws this conclusion:

The marginal product of labor is increasing for the first two workers hired, and then it declines for the next four workers. I guess each of the first two workers must have been hard workers. Then Jill must have had to settle for increasingly bad workers.
Do you agree with the student's analysis? Briefly explain.

Transcribed Image Text:

Quantity of Pizzas Quantity of Quantity of Pizza Ovens Marginal Product of Labor Workers 200 2 200 2 450 250 3 2 550 100 4 600 625 640 50 2 25 15 LO LO