Answer to Question #52918 in Microeconomics for Yana

Question #52918
Table 1 Production of pizza data Workers Pizzas 0 0 1 4 2 10 3 15 4 18 5 19 3. Table 1 shows the change in the short - run production of pizzas as more workers are hired. The table shows the marginal product of the labor input is decreasing with the hiring of the third worker. A possible reason for this diminishing marginal product is: a. decreased wages. b. increases in plant size. c. decreases in fixed cost. d. increased division of labor as additional workers are hired. e. decreases in labor productivity.
1
Expert's answer
2015-06-16T00:00:39-0400
Table 1 Production of pizza data
Workers Pizzas
0 0
1 4
2 10
3 15 
4 18
5 19
3. Table 1 shows the change in the short - run production of pizzas as more workers are hired. The table shows the marginal product of the labor input is decreasing with the hiring of the third worker. A possible reason for this diminishing marginal product is:
e. decreases in labor productivity. 
Because the more workers are hired, the less productive they are.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS
paypal