Refer to the information provided in Table 31.1 below to answer the question(s) that follow.Table 31.1PeriodQuantity of Labor (L)Quantity of Capital (K)Total Output (Y)1 50 50 2002 60 50 2203 70 50 2354 80 50 245Refer to Table 31.1. From Period 1 to Period 2, the marginal return to labor is equal to
A. 0.5.
B. 1.0.
C. 2.0.
D. 4.0.
Answer: C
Economics
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Use the following graph to answer the next question.
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A. curve A. B. curve B. C. curve C. D. none of the curves.
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Economics