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Use the Following Table, Showing the Total Output Produced with Various

Question 94

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Use the following table, showing the total output produced with various levels labor and each of two levels of capital to answer the questions.
Units of Capitel
 Units of  Labor K=2 K=412040250100370140480160\begin{array}{l}\text { Units of }\\\begin{array}{ccc}\text { Labor } & \mathrm{K}=2 & \mathrm{~K}=4 \\\hline 1 & 20 & 40 \\2 & 50 & 100 \\3 & 70 & 140 \\4 & 80 & 160\end{array}\end{array}
-When capital is fixed at 2 units
a. AP decreases after the ______ unit of labor. MP decreases after the ______ unit of labor.
b. At L = 2, AP = ______ and MP = ______.
c. At L = 3, AP = ______ and MP = ______.
d. At L = 4, AP = ______ and MP = ______.

Correct Answer:

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a. second; second
b....

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