menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics USA
  4. Exam
    Exam 3: The Business Firm: Organization,motivation,and Optimal Input Decisions
  5. Question
    If the Marginal Products of the First Five Units of Labor
Solved

If the Marginal Products of the First Five Units of Labor

Question 47

Question 47

Multiple Choice

If the marginal products of the first five units of labor are 120,105,85,60,and 30,respectively,then five units of labor can produce ________ units of output.


A) 30
B) 80
C) 90
D) 210
E) 400

Correct Answer:

verifed

Verified

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

Related Questions

Q42: A firm's total output divided by the

Q43: The law of diminishing returns requires the

Q44: If equal increments of an input are

Q45: Under diminishing marginal returns,as the amount of

Q46: What percentage of the nation's small businesses

Q48: A firm uses inputs A and B

Q49: The following question are based on the

Q50: If inputs are combined so that their

Q51: In a given year in the production

Q52: In order of their frequency,what are the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines