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

Question

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

Quizplus · Accepted Answer

MPP (Marginal Physical Product) measures the additional output produced by an additional unit of input. In this context, it's the additional bushels of wheat (output) produced by an additional ounce of chemicals (input), hence bu/oz.

Wheat Farm -What Are the Units for MPP? A) Bu B) Oz

Wheat Farm -What Are the Units for MPP?
A) Bu
B) Oz