On a 100-acre farm, a farmer is able to produce 3,000 bushels of wheat when he hires 2 workers. He is able to produce 4,400 bushels of wheat when he hires 3 workers. Which of the following possibilities is consistent with the property of diminishing marginal product? A. The farmer is able to produce 5,600 bushels of wheat when he hires 4 workers. B. The farmer is able to produce 5,800 bushels of wheat when he hires 4 workers. C. The farmer is able to produce 6,000 bushels of wheat when he hires 4 workers. D. Any of the above could be correct.
On a 100-acre farm, a farmer is able to produce 3,000 bushels of wheat when he hires 2 workers. He is able to produce 4,400 bushels of wheat when he hires 3 workers. Which of the following possibilities is consistent with the property of diminishing marginal product?<br><br> A. The farmer is able to produce 5,600 bushels of wheat when he hires 4 workers. <br> B. The farmer is able to produce 5,800 bushels of wheat when he hires 4 workers. <br> C. The farmer is able to produce 6,000 bushels of wheat when he hires 4 workers. <br> D. Any of the above could be correct.
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