Question: when edmund makes coffee mugs, here are the data for number of workers..... and units of output 0.....0 1.......12 2......30 3.......44 4........55 5.......60 6.......60 7.......55
when edmund makes coffee mugs, here are the data for number of workers..... and units of output
0.....0
1.......12
2......30
3.......44
4........55
5.......60
6.......60
7.......55
Diminishing marginal product of labor (diminishing returns) sets in with the addition of the
7th worker
4th worker
1st worker
6th worker
3rd worker
2nd worker
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