Suppose that you run a house-painting company and currently have 2 workers painting a total of 4 houses per month. If you hire a third worker, 6 houses can be painted per month. If you hire a fourth worker, 9 houses can be painted, and a fifth and sixth worker will increase the number of houses painted to 13 and 15, respectively. Diminishing returns

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have NOT yet set in because output is still increasing.

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set in when the fifth worker is hired.

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set in when the sixth worker is hired.

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set in when the fourth worker is hired.

Crowdly

Suppose that you run a house-painting company and currently have 2 workers paint...

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