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Use the Following to Answer Questions Table: Lindsay’s Farm\text {Table: Lindsay's Farm}

Question 351

Multiple Choice

Use the following to answer questions : Table: Lindsay’s Farm\text {Table: Lindsay's Farm}
The table provides information about the production\text {The table provides information about the production}
 function for Lindsay’s Farm, which uses labour and land\text { function for Lindsay's Farm, which uses labour and land}
 to produce its produce. The price of labour is $50 per\text { to produce its produce. The price of labour is \(\$ 50\) per}
worker per week and the price of land is $20 per hectare.\text {worker per week and the price of land is \(\$ 20\) per hectare.}
 Quantity  of Land  (hectares)   Quantity  of Labour  (workers)   Quantity  of Produce  (bushels)  100010150102100103140104170105190\begin{array}{lcc}\begin{array}{l}\text { Quantity } \\\text { of Land } \\\text { (hectares) }\end{array} & \begin{array}{c}\text { Quantity } \\\text { of Labour } \\\text { (workers) }\end{array} & \begin{array}{c}\text { Quantity } \\\text { of Produce } \\\text { (bushels) }\end{array} \\\hline 10 & 0 & 0 \\10 & 1 & 50 \\10 & 2 & 100 \\10 & 3 & 140 \\10 & 4 & 170 \\10 & 5 & 190\end{array}
-(Table: Lindsay's Farm) Use Table: Lindsay's Farm.When Lindsay produces 50 units of produce,her total cost is:


A) $250.
B) $50.
C) $200.
D) $350.

Correct Answer:

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