The following question are based on the following information:
A firm uses inputs of labor, fertilizer, and land to produce strawberries (which are sold to wholesalers and processors). The quantity of land used is fixed at eight acres per season and the production function implies the relationships in the following table:

-The marginal product of the fourth unit of labor is ________ bushels.
A) 1,000
B) 2,000
C) 3,100
D) 3,500
E) 4,000

Question

The following question are based on the following information:
A firm uses inputs of labor, fertilizer, and land to produce strawberries (which are sold to wholesalers and processors). The quantity of land used is fixed at eight acres per season and the production function implies the relationships in the following table:
 
-The marginal product of the fourth unit of labor is ________ bushels.
A) 1,000 
B) 2,000 
C) 3,100 
D) 3,500 
E) 4,000

Quizplus · Accepted Answer

The Answer of The following question are based on the following information:
A firm uses inputs of labor, fertilizer, and land to produce strawberries (which are sold to wholesalers and processors). The quantity of land used is fixed at eight acres per season and the production function implies the relationships in the following table:
 
-The marginal product of the fourth unit of labor is ________ bushels.
A) 1,000 
B) 2,000 
C) 3,100 
D) 3,500 
E) 4,000

The Following Question Are Based on the Following Information