Which of the following is a FALSE statement about the picture below? Outpot +X 12 Output given capital 10 15 16 30 Laber Point A is in a region of increasing marginal returns to labor Point E is in a region of positive but diminishing marginal returns to labor Point G is in a region of positive but diminishing marginal returns to labor Point D is in a region of positive but diminishing marginal returns to labor

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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13
Which of the following is a FALSE statement about the picture below?
Outpot
AL
N
12
Output given capital F
10 15 16
30
Point A is in a region of increasing marginal returns to labor
Point E is in a region of positive but diminishing marginal returns to labor
Point G is in a region of positive but diminishing marginal returns to labor
Point D is in a region of positive but diminishing marginal returns to labor
Transcribed Image Text:13 Which of the following is a FALSE statement about the picture below? Outpot AL N 12 Output given capital F 10 15 16 30 Point A is in a region of increasing marginal returns to labor Point E is in a region of positive but diminishing marginal returns to labor Point G is in a region of positive but diminishing marginal returns to labor Point D is in a region of positive but diminishing marginal returns to labor
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