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 APP?

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 APP?

Quizplus · Accepted Answer

APP stands for Average Physical Product, which is calculated as total output (in this case, wheat in bushels) divided by the total input (in this case, chemicals in ounces). Therefore, the units for APP are bushels per ounce (bu/oz).

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

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