Figure 4.3: The Production Function
-Consider Figure 4.3. The shape of this production function suggests:
A) a diminishing marginal product of capital.
B) a constant marginal product of capital.
C) a diminishing marginal product of labor.
D) an increasing marginal product of capital.
E) Not enough information is given.

Question

Figure 4.3: The Production Function 
-Consider Figure 4.3. The shape of this production function suggests:
A) a diminishing marginal product of capital. 
B) a constant marginal product of capital. 
C) a diminishing marginal product of labor. 
D) an increasing marginal product of capital. 
E) Not enough information is given.

Quizplus · Accepted Answer

The Answer of Figure 4.3: The Production Function 
-Consider Figure 4.3. The shape of this production function suggests:
A) a diminishing marginal product of capital. 
B) a constant marginal product of capital. 
C) a diminishing marginal product of labor. 
D) an increasing marginal product of capital. 
E) Not enough information is given.

Figure 4.3: the Production Function