B and C

Number Production Meal price Value of of Workers (meals per marginal salary Marginal Profit day) product marginal Product 0 0 1 5 25 30 5 125 95 2 10 24 30 5 120 90 3 17 23 30 7 161 131 4 25 22 30 8 176 146 5 33 21 30 18 168 138 6 40 20 30 7 140 110 7 45 19 30 5 95 65 8 50 18 30 5 90 60 b. At what point do diminishing returns begin to manifest themselves? Explain why. (3 points) c-How many workers should the owner hire? Explain why. (3 points)