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Home Q & A Board Other Fields Homework Help Business Economics
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tootsiebrowny tootsiebrowny
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A year ago
Consider the following production and cost schedule for a firm. The first column shows the number of units of a variable factor of production employed by the firm.

Total Number of Units of the FactorTotal Number of Units of OutputPrice per Unit
of Output		Total Cost
of Production
212$10$50
320 $9$55
426 $8$60
530 $7$65
632 $6$70
732 $5$75

TABLE 13-3

Refer to Table 13-3. The marginal product of the 4th unit of the factor of production is

▸ 4.

▸ 8.

▸ 26.

▸ 6.

▸ 30.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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clarkh7839clarkh7839
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#1
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A year ago
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tootsiebrowny Author
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A year ago
Helped a lot
klyn
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Correct Slight Smile TY
sakoon
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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