A restaurateur spends $61 on labor and materials to produce 8 meals. by increasing these costs to $78, he can produce 14 meals. by increasing costs to $95, he can produce 20 meals. in terms ofcapital and labor, he has _____. decreasing marginal returns negative marginal returns increasing marginal returns constant marginal returns
The best and most correct answer among the choices provided by the question is the second choice. He has to have negative marginal returns. I hope my answer has come to your help. God bless and have a nice day ahead! Feel free to ask more questions.
