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Hunter-Best [27]
3 years ago
5

A lawn service company has the following production possibilities. With​ one, two,​ three, and four​ workers, the company can mo

w​ 4, 9,​ 12, and 14 lawns per​ day, respectively. Diminishing returns to labor set in with the​ _____ worker.
Business
1 answer:
Marianna [84]3 years ago
7 0

Answer: Third

Explanation:

Diminishing returns to labor refers to the phenomenon where every additional worker leads to an increase in production at a decreasing rate.

Using the scenario described, when there was only one employee the company could mow 4 lawns a day. They added a 2nd worker and that figure went to 9 lawns a day which is an increase of FIVE.

When they added a 3rd worker, the figure again went up but only to 12 which is an increase of THREE only as opposed to the last increase of FIVE.

After the third worker therefore, there was an increase but at a smaller rate.

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