Refer to the Following Figure When Answering the Following Questions

question 7

Multiple Choice

Refer to the following figure when answering the following questions.
Figure 4.1: Production Function
-Consider Figure 4.1. The shape of this production function suggests:

• A) not enough information is given.
• B) a diminishing marginal product of labor.
• C) a constant marginal product of capital.
• D) an increasing marginal product of capital.
• E) a diminishing marginal product of capital.

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