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:

Verified
Correct Answer:
Verified
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