Solved

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

Question 43

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 labor is fixed at three units,how much does the second unit of capital add to total output?


A) 100
B) 150
C) 210
D) 360
E) none of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions