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(Table: Capital and Labor XIV) Consider the Production Function That

Question 37

Multiple Choice

(Table: Capital and Labor XIV) Consider the production function that this table shows. (Table: Capital and Labor XIV) Consider the production function that this table shows. Suppose the firm is using 2 units of capital and 1 unit of labor. The marginal product of capital for K = 3 is ____. A) 41.42 B) 40.24 C) 31.78 D) 26.79 Suppose the firm is using 2 units of capital and 1 unit of labor. The marginal product of capital for K = 3 is ____.


A) 41.42
B) 40.24
C) 31.78
D) 26.79

Correct Answer:

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