Question

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?.

Answer 1

Option A is correct.

Step-by-step explanation:

This condition will be satisfied in the option (a), where output increases by 1,200 bushels.