Question

	Strawberry Farm
Amount of Labor	Total Product (bunches per foot)	Average Product	Marginal Product
0	0
1		100
2	250
3			250
4		200
5	900
6	930

A) Fill in the empty spaces of the table

B) When do diminishing marginal returns begin? Explain how you know this.

Answer 1

In simple words diminishing marginal returns means after some point adding the extra factor of input like labour technology or capital will generate or increase the output at very low amount.

Let see and find it by making the table