Use the Figure Below to Answer the Following Questions

question 73

Multiple Choice

Use the figure below to answer the following questions.

Figure 19.1.3
-In Figure 19.1.3,the poorest 20 percent of all families receive what share of income?

• A)10 percent
• B)20 percent
• C)30 percent
• D)40 percent
• E)none of the above

---

Definitions:

Marginal Product

The additional output that is produced by adding one more unit of a particular input, keeping other inputs constant.

Short-Run Curve

Refers to a period in economics during which at least one factor of production is fixed, affecting production and cost decisions.

Marginal Product

The change in output resulting from employing one more unit of a particular input while holding all other inputs constant.

Total Product

The total quantity of output produced by a firm for a given quantity of inputs.