The following table shows the monthly roduction of a firm with two inputs, labour and machines.
machines labour total output
(units) (units)
1 3 18
1 4 28
1 5 40
1 6 50
1 7 X
If the law of diminishing marginal returns applies to the firm, X
A must be smaller than 50.
B can be any value greater than 50
C must be smaller than 60
D is equal to 60
(I don't know how to do this question, can you explain the answer one by one?pls.)