Which of the following statements accurately describe the concept of diminishing marginal returns in the context of labor supply? Select all that apply.

Diminishing marginal returns is a concept that explains how adding more workers to a production process can lead to less efficient results after a certain point. Initially, when you hire more workers, they can help produce more goods, and each additional worker adds a lot to the overall output. However, as more workers are added, they may start to get in each other's way or run out of tools and space, which means each new worker contributes less to production than the one before. For example, if you have a small bakery and you start with two bakers, they can make a lot of bread together. But if you hire two more bakers, they might struggle to work efficiently in the same space, leading to less bread being made per baker.