(Table: Capital and Labor XIV) Consider the Production Function That

question 78

Multiple Choice

(Table: Capital and Labor XIV) Consider the production function that this table shows. Suppose the firm is using 3 units of capital and 2 units of labor and then decides to employ a third worker. The marginal product of the third worker is ____.

• A) 49.33
• B) 40.24
• C) 31.78
• D) 26.79

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Definitions:

Thirst

A sensation caused by the physiological need for water, prompting animals and humans to consume fluids.

Driving Ability

A set of skills and capabilities required to operate a vehicle safely, including motor coordination, cognitive comprehension, and adherence to traffic laws.

BAL

Blood Alcohol Level, a measurement of alcohol intoxication for legal and medical purposes.

Small Intestine

A part of the gastrointestinal tract between the stomach and large intestine that absorbs nutrients and minerals from food.