Time Remaining 1 hour 51 minutes 8 seconds

01:51:08

Item 3

Time Remaining 1 hour 51 minutes 8 seconds

01:51:08

The production function for good X in the table below exhibits increasing marginal returns to capital over what output range?

Production Function for Good X

L* Labor	K Capital	Q Output	MPK=(Q/K) Marginal Product of Capital	APK=(Q/K) Average Product of Capital
9	0	0	--	--
9	10	57	5.7	5.70
9	20	324	26.7	16.20
9	30	657	33.3	B
9	40	1,072	41.5	26.80
9	50	1,524	45.2	30.48
9	60	1,976	45.2	32.93
9	70	2,391	41.5	34.16
9	80	2,724	33.3	34.05
9	90	2,991	A	33.23
9	100	3,048	5.7	30.48
9	110	3,016	3.2	27.42
9	120	2,945	7.1	24.54

Multiple Choice

a) between 2,391 and 3,048

b)between 0 and 1,524

c)between 0 and 2,991

d)between 3,016 and 2,945