Suppose That the Number of Crates of an Agricultural Product

question 31

Multiple Choice

Suppose that the number of crates of an agricultural product is given by , where x is the number of hours of and y is the number of acres of the crop. Find the marginal productivity of the number of hours of labor when and . ​

• A)​1,090.15
• B)25.39
• C)​845.45
• D)​19.04
• E)​-30.97

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Definitions:

Accounts Receivable

Accounts receivable refers to the money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Sales Revenue

The total amount of money generated from the sale of goods or services by a company before any expenses are subtracted.

Purchases Journal

A specialized accounting journal used to record all purchases of merchandise, inventory, and other items on credit.

Accounts Payable

Accounts payable is the amount of money a company owes to its suppliers or creditors for goods and services purchased on credit.