Multiple Choice
Consider the following production function for a firm using two inputs x and y,
Q=20x+14y- 2x2+2xy- y2 where q denotes the quantity of output that is produced. The marginal (physical) product of x is:
A) 20+14y- 2x+2y.
B) 20+14y- 2x2+2xy.
C) 20- 4x+2y.
D) 20- 2x+2xy.
Correct Answer:
Verified
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