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Refer to the Following:
the Amount of Total Output Produced

Question 30

Multiple Choice

Refer to the following:
The amount of total output produced from various combinations of labor and capital.

 Units of Capital 1234150120160180Units 2110260360390of 3150360510560Labor 417043063069051604801710790\begin{array}{cccc} &\text { Units of Capital }\\&& 1 & 2 & 3&4 \\\hline &1 & 50&120&160&180 \\\text {Units }&2 & 110&260&360&390 \\\text {of }&3 & 150&360&510&560\\\text {Labor }&4 & 170&430&630&690 \\&5 & 160&4801&710&790 \\\end{array}
-If the capital stock is fixed at four units and there are three units of labor, what is the average product of labor?


A) 50
B) 140
C) 157.5
D) 170
E) none of the above

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