The Following Data Show the Total Output for a Firm

question 86

Multiple Choice

The following data show the total output for a firm when different amounts of labour are combined with a fixed amount of capital.Assume that the wage per unit of labour is $10 and the cost of the capital is $50.
TABLE 7-3
-Refer to Table 7-3.The average product of labour when the firm hires 3 units of labour is ________.The average product of labour when the firm hires 4 units of labour is ________.

• A)30; 33
• B)90; 132
• C)60; 42
• D)90; 222
• E)30; 90

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Definitions:

Positive Emphasis

The communication strategy that focuses on positive aspects or outcomes to persuade or motivate the audience.

Benefit

an advantage or profit gained from something, or the act of improving or advancing in a particular aspect.

Requirement

A specified necessity; conditions or capabilities needed by a user to solve a problem or achieve an objective.

Negative Connotations

Implications or associations of a word or phrase that evoke negative feelings or perceptions.