$|-2020-98$

Kelsey Lusk

I. $\frac{12}{05}\frac{?}{2410}$:$11$ f

$1$prehensive Test

Question $21$ of $25$

This test: $25$ point$($s$)$ possible

This question: $1$ point$($s$)$ possible

A student looks at the data in the table to the right and draws this conclusion:

"The marginal product of labor is increasing for the first $3$ workers hired, and then it declines for the next $3$ workers. I guess each of the first $3$ workers must have been hard workers. Then Jill must have had to settle for increasingly poor workers."

Do you agree with the student's analysis? Briefly explain.

A$.$ No$.$ Marginal product initially increases due to specialization and then decreases due to division of labor.

B$.$ Yes. Productivity differences among these workers are due to effort.

C$.$ No$.$ Marginal product initially decreases due to the law of diminishing returns and then increases due to division of labor.

D$.$ No$.$ Marginal product initially increases due to division of labor and then decreases due to the law of diminishing returns.

E$.$ No$.$ Marginal product initially increases due to division of labor and then decreases due to specialization.

$\backslash$table$[[\backslash$table$[[$Quantity$],[$of$],[$Workers$]],\backslash$table$[[$Quantity$],[$of$],[$Pizza Ovens$]],\backslash$table$[[$Quantity$],[$of$],[$Pizzas$]],\backslash$table$[[$Marginal$],[$Product$],[$of Labor$]]],[0,2,0,-],[1,2,650,650],[2,2,1,375,725],[3,2,2,300,925],[4,2,2,700,400],[5,2,3,000,300],[6,2,3,100,100]]$