The production function for good X in the table below exhibits increasing marginal returns to capital over what outout range? Production Function for Good X Choose Multiple Choice: Between o and 1,524...


The production function for good X in the table below exhibits increasing marginal returns to capital over<br>what outout range?<br>Production Function for Good X<br>Choose Multiple Choice:<br>Between o and 1,524<br>• Between 2,391 and 3,048<br>• Between O and 2,991<br>• Between 3,016 and 2,945<br>L*<br>MP= (AQ/AK)<br>AP=(Q/K)<br>Marginal Product of<br>Average Product of<br>Capital<br>Labor<br>Capital<br>Output<br>Capital<br>10<br>57<br>5.7<br>5.70<br>20<br>324<br>26.7<br>16.20<br>30<br>657<br>33.3<br>40<br>1,872<br>41.5<br>26.8e<br>se<br>1,524<br>45.2<br>30.48<br>60<br>1,976<br>45.2<br>32.93<br>70<br>2,391<br>41.5<br>34.16<br>2,724<br>33.3<br>34.05<br>90<br>2,991<br>A<br>33.23<br>1e0<br>3,848<br>5.7<br>30.48<br>11e<br>3,016<br>-3.2<br>27.42<br>120<br>2,945<br>-7.1<br>24.54<br>

Extracted text: The production function for good X in the table below exhibits increasing marginal returns to capital over what outout range? Production Function for Good X Choose Multiple Choice: Between o and 1,524 • Between 2,391 and 3,048 • Between O and 2,991 • Between 3,016 and 2,945 L* MP= (AQ/AK) AP=(Q/K) Marginal Product of Average Product of Capital Labor Capital Output Capital 10 57 5.7 5.70 20 324 26.7 16.20 30 657 33.3 40 1,872 41.5 26.8e se 1,524 45.2 30.48 60 1,976 45.2 32.93 70 2,391 41.5 34.16 2,724 33.3 34.05 90 2,991 A 33.23 1e0 3,848 5.7 30.48 11e 3,016 -3.2 27.42 120 2,945 -7.1 24.54

Jun 10, 2022
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