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The Following Question Are Based on the Following Information

Question 38

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The following question are based on the following information:
A firm uses inputs of labor, fertilizer, and land to produce strawberries (which are sold to wholesalers and processors) . The quantity of land used is fixed at eight acres per season and the production function implies the relationships in the following table:
The following question are based on the following information: A firm uses inputs of labor, fertilizer, and land to produce strawberries (which are sold to wholesalers and processors) . The quantity of land used is fixed at eight acres per season and the production function implies the relationships in the following table:    -The marginal product of the fourth unit of labor is ________ bushels. A)  1,000 B)  2,000 C)  3,100 D)  3,500 E)  4,000
-The marginal product of the fourth unit of labor is ________ bushels.


A) 1,000
B) 2,000
C) 3,100
D) 3,500
E) 4,000

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