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  3. Study Set
    Economics-Microeconomics
  4. Exam
    Exam 11: Output and Costs
  5. Question
    -Using the Data in the Above Table, If the Firm
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-Using the Data in the Above Table, If the Firm

Question 319

Question 319

Multiple Choice

  -Using the data in the above table, if the firm employs 5 workers, total product (measured in units per day)  and average product and marginal product of the fifth worker (measured in units per worker)  are A)  23, 5.00, and 4 respectively. B)  23, 5.75, and 4 respectively. C)  25, 5.00, and 2 respectively. D)  25, 5.75, and 4 respectively.
-Using the data in the above table, if the firm employs 5 workers, total product (measured in units per day) and average product and marginal product of the fifth worker (measured in units per worker) are


A) 23, 5.00, and 4 respectively.
B) 23, 5.75, and 4 respectively.
C) 25, 5.00, and 2 respectively.
D) 25, 5.75, and 4 respectively.

Correct Answer:

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