Question: The folllowing table shows data for a simple production function. Capital (K) Labor (L) TP or Q AP MP 10 10 6 10 14 10

The folllowing table shows data for a simple production function. Capital

The folllowing table shows data for a simple production function. Capital (K) Labor (L) TP or Q AP MP 10 10 6 10 14 10 20 10 14 10 10 2 The law of diminishing marginal returns begins to happen when output (TP) is increased beyond O 20 units of output. O 40 units of output. O 62 units units of ouput. O 64 units units of output

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