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The Average Product of Capital of Producing 2,991 Units of Output

Question 172

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The average product of capital of producing 2,991 units of output (find point B) in the table below is:
 Production Function far God XLKQMK=(ΔQ/ΔK) MPK=(Q/K)  Mverage  Labor  Capital  Output  Product of  Capital  Product of  Capital 900910575.75.7092032426.716.2093065733.3B9401,07241.526.809501,52445.230.489601,97645.232.939702,39141.534.169802,72433.334.059902,991A33.2391003,0485.730.4891103,0163.227.4291202,9457.124.54\begin{array}{l}\text { Production Function far God } \mathbf { X }\\\begin{array} { l l l l l } L ^ { * } & K & Q & M _ { K } = ( \Delta Q / \Delta K ) & \begin{array} { l } \mathbf { M P } _ { K } = ( Q / K ) \\\text { Mverage }\end{array} \\\text { Labor } & \text { Capital } & \text { Output } & \begin{array} { l } \text { Product of } \\\text { Capital }\end{array} & \begin{array} { l } \text { Product of } \\\text { Capital }\end{array} \\9 & 0 & 0 & - & - \\9 & 10 & 57 & 5.7 & 5.70 \\9 & 20 & 324 & 26.7 & 16.20 \\9 & 30 & 657 & 33.3 & \mathbf { 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 & \mathbf { 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\end{array}\end{array}


A) 11.1.
B) 21.9.
C) 37.
D) 73.

Correct Answer:

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