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Use the Following Table to Answer the Question Below: the Amount

Question 24
Multiple Choice

Use the following table to answer the question below: The amount of total output produced from various combinations of labor and capital. img If labor is fixed at three units,how much does the second unit of capital add to total output? A)100 B)150 C)210 D)360 E)none of the above

Related questions
Q 25
The marginal product of labor A)measures how output changes as the wage rate changes. B)is less than the average product of labor when the average product of labor is decreasing. C)is negative when adding another unit of labor decreases output. D)both a and b E)both b and c
Q 26
Use the following table to answer the question below: The amount of total output produced from various combinations of labor and capital. If capital is fixed at three units,how much does the fourth unit of labor add to total output? A)16 B)28 C)34 D)36 E)none of the above
Q 27
Use the following table to answer the question below: The amount of total output produced from various combinations of labor and capital. If the amount of labor used increases from three to four units,the marginal product of the second unit of capital A)increases by 8 units. B)increases by 49 units. C)decreases by 14 units. D)decreases by 49 units. E)none of the above
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