The table shows a total-product schedule for a resource. Assume that the quantities of other resources the firm employs remain constant. If the firm's product sells for a constant $2 and the price of the resource is a constant $16, the firm will employ how many units of the resource?
A)5
B)4
C)3

Question

The table shows a total-product schedule for a resource. Assume that the quantities of other resources the firm employs remain constant. If the firm's product sells for a constant $2 and the price of the resource is a constant $16, the firm will employ how many units of the resource?
A)5 
B)4 
C)3

Quizplus · Accepted Answer

The Answer of  The table shows a total-product schedule for a resource. Assume that the quantities of other resources the firm employs remain constant. If the firm's product sells for a constant $2 and the price of the resource is a constant $16, the firm will employ how many units of the resource?
A)5 
B)4 
C)3

The Table Shows a Total-Product Schedule for a Resource