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If the Units of a Variable Input in a Production

Question 62

Multiple Choice

If the units of a variable input in a production process are 1, 2, 3, 4 and 5, and the corresponding total outputs are: 30, 43, 58, 66 and 72. The arc marginal product of the fourth unit of input is:


A) 4
B) 6
C) 8
D) 10
E) 12

Correct Answer:

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