Q 51

If the marginal product of the fifth worker is 34, then the total product of five workers
A)is 35.
B)is 24.
C)is 170.
D)is 6.8.
E)cannot be calculated with the information given.

Q 52

If capital is a variable input in a production process, the law of diminishing marginal returns implies that
A)total product is minimized.
B)capital's marginal product is positive and less than one.
C)total product is maximized.
D)marginal product of capital eventually decreases.
E)marginal product of capital is constant.

Q 53

If energy (E)is the only input used to produce output (Q), what is the formula for average product of energy?
A)ΔQ/ΔE
B)Q/E
C)ΔE/ΔQ
D)E/Q
E)Q ∗ E