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Use the Following Table to Answer the Question Below: the Amount

Question 96

Multiple Choice

Use the following table to answer the question below: The amount of total output produced from various combinations of labor and capital.  Units af Capital 1234150120160180 Units 2110260360390 of 3150360510560 Lebor 41704306306905160480710790\begin{array} { c c c c c c } & & { \text { Units af Capital } } \\ & & 1 & 2 & 3 & 4 \\& 1 & 50 & 120 & 160 & 180 \\\text { Units } & 2 & 110 & 260 & 360 & 390 \\\text { of } & 3 & 150 & 360 & 510 & 560 \\\text { Lebor } & 4 & 170 & 430 & 630 & 690 \\& 5 & 160 & 480 & 710 & 790\end{array} If the capital stock is fixed at one unit,how much does the third unit of labor add to total output?


A) 20
B) 40
C) 60
D) 80
E) none of the above

Correct Answer:

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