Scenario 13-15 Joan Grows Pumpkins. If Joan Plants No Seeds on Her

question 308

Multiple Choice

Scenario 13-15
Joan grows pumpkins. If Joan plants no seeds on her farm, she gets no harvest. If she plants 1 bag of seeds, she gets 500 pumpkins. If she plants 2 bags, she gets 800 pumpkins. If she plants 3 bags, she gets 900 pumpkins. A bag of seeds costs $100, and seeds are her only cost.
-Refer to Scenario 13-15. Joan's production function exhibits

• A)increasing marginal product.
• B)decreasing marginal product.
• C)constant marginal product.
• D)Any of the above could be correct.