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Table 19-3 Labor (Number of workers) Output Firm A Firm B Firm C Firm D 1 200 200 200 200 2 160 380 600 400
Table 19-3 Labor (Number of workers) Output Firm A Firm B Firm C Firm D 1 200 200 200 200 2 160 380 600 400 3 120 540 1,200 600 4 80 680 2,000 800 Refer to Table 19-3. Which firm's production function exhibits positive but diminishing marginal product? a. Firm C b. Firm B c. Firm A d. Firm D
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