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Mattera's Landscaping Services, Inc. has the following production possibilities. With one, two, three, and four workers,...

Mattera's Landscaping Services, Inc. has the following production possibilities. With one, two, three, and four workers, the company can mow 4, 9, 12, and 14 lawns per day, respectively. Diminishing returns to labor set in with the ________ worker.

a. first

b. second

c. fourth

d. third

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Answer #1

Answer is option d

Sinces Marginal li change in total product (TP) Product (p) ch hange in workers. labor TP Tap 4 2 g S 12 3 4 14 → Diminishing

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