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Ash owns a bakery and is planning to hire additional workers to increase her production output. Currently, she has two workers and is producing 100
Ash owns a bakery and is planning to hire additional workers to increase her production output. Currently, she has two workers and is producing 100 loaves of bread per day. She decides to hire two more workers and observes the following production output: Number of Workers | Loaves of Bread Produced per Day 2 (current level) | 100 4 (with additional hires) | 160 6 (with additional hires) | 180 8 (with additional hires) | 190 Based on the law of diminishing marginal returns, which statement is most likely true? Question 18 options: Each additional worker is increasing the production output, but at a decreasing rate. Each additional worker is increasing the production output at an increasing rate. Each additional worker is increasing the production output at a constant rate
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