On page 127 in the exercises question 2 shows a chart that s

On page 127 in the exercises, question 2 shows a chart that show Radiograph Technicians per hour and Radiographs produce per hour. At what level does the Marginal Product decrease?

Sweetgrass Radiology Labs has a fixed amount of radiology equip-ment. The laboratory can hire any number of radiology technicians per hour to produce radiographs, which are displayed on a screen. The relationship between the number of technicians hired per hour and the number of radiographs produced per hour is shown in the following table. Show the total and marginal products and indicate at each level of production whether the production function exhib-its increasing, constant, or diminishing marginal productivity.

3 hours

2 hours

5 hours

6 hours

1 hours *****need to be from one of this answers from the hours listed

Solution

Since Marginal product increases upto 3 hours, total product is increasing (increasing marginal productivity). At 4th hour, marginal product is 0, so there is constant productivity. From 5th hour, MP starts falling, displaying diminishing marginal productivity.