Homework Answers
| Workers | Marginal Return |
| 1 | 12 |
| 2 | 30-12 = 18 |
| 3 |
45 - 30 =15 |
| 4 | 50-45 = 5 |
| 5 | 54-50 = 4 |
| 6 | 56-54 = 2 |
| 7 | 56-56 = 0 |
| 8 | 54- 56 = -2 |
Hence, diminishing returns sets in after 8 labors are hired.
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