Multiple Choice
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 average product of the fourth unit of labor is ________ bushels.
A) 1,000
B) 2,000
C) 3,100
D) 3,500
E) 4,000
Correct Answer:

Verified
Correct Answer:
Verified
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