Solved

Wheat Farm -What Is the TPP of Using the 5th Unit of Farm

Question 21

Multiple Choice

Wheat Farm.
Below is the production function for a wheat farm, where the input is chemicals (oz) and the output is wheat (bu) .
X(oz) Y(bu) APP(.) MPP(.) 0011023031344451642\begin{array}{llll}\underline{\mathrm{X}(\mathrm{oz}) } &\underline{\mathrm{Y}(\mathrm{bu}) } & \underline{\mathrm{APP}(.) } & \underline{\mathrm{MPP}(.) } \\0&0&--&--\\1 & 10 &\underline {\quad} &\underline {\quad}\\2 & 30 & \underline {\quad}&\underline {\quad} \\3 &\underline {\quad}&{13} &\underline {\quad} \\4 &{44} & \underline {\quad}& \underline {\quad} \\5 & \underline {\quad} & \underline {\quad}& 1 \\6 & 42& \underline {\quad}&\underline {\quad}\end{array}
-What is the TPP of using the 5th unit of input?


A) 43
B) 44
C) 45
D) 39

Correct Answer:

verifed

Verified

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

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents