Diminishing marginal returns starts

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You manage a factory that produces t-shirts and sells each for $8.  You pay your workers a wage of $50 per day.  The following table shows your factory's daily total output of t-shirts based on the number of workers that you hire.

Number of Workers

Total Output

1

30

2

35

3

45

4

57

5

70

6

85

7

95

8

103

9

110

10

115

Diminishing marginal returns starts to occur after ______________ workers. 

You should hire  _____________ workers to maximize profit.

Reference no: EM133133791

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