Microeconomics: Principles, Applications, and Tools (8th Edition)

Published by Prentice Hall
ISBN 10: 0-13294-886-9
ISBN 13: 978-0-13294-886-9

Chapter 2 - The Key Principles of Economics - Exercises - 2.4 The Principle of Diminishing Returns - Page 46: 4.1

Answer

300 pages

Work Step by Step

The law of diminishing returns tells us that, unless other inputs are increased, continuing to increase a single input will give a lower marginal increase in output. Since the last worker hired resulted in 300 pages of additional output, adding another worker would result in a lower marginal increase, so less than 300 additional pages would be output.
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