Use the following table to answer this question, which provides information on the production of a product that requires one variable input.InputTotal Product00102002060030720408205090060980The average product of the 40th input item is

A. 100.
B. 20.5.
C. 10.
D. 80.

Answer: B

Economics

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Refer to Figure 11.5. An increase in the marginal propensity to import is best illustrated by diagram

A) A. B) B. C) C. D) D.

Economics

National income equals GNP

A) less depreciation, less net unilateral transfers, less indirect business taxes. B) less depreciation, plus net unilateral transfers, plus indirect business taxes. C) less depreciation, less net unilateral transfers, plus indirect business taxes. D) plus depreciation, plus net unilateral transfers, less indirect business taxes. E) less depreciation, plus net unilateral transfers, less indirect business taxes.

Economics