The Table Shows the Total Output a Firm Will Be

question 163

Multiple Choice

The table shows the total output a firm will be able to produce if it employs varying amounts of resource X while holding the amounts of the other resources constant. Assume that the product price is constant at $3.00 per unit. How many units of resource X will be employed if its price is $24 per unit?

• A)3
• B)4
• C)5

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Definitions:

American Adults

Individuals over the age of 18 living in the United States, encompassing a diverse range of backgrounds, values, and experiences.

Percentage

A fraction or ratio expressed as a part of 100, used to compare quantities or express proportions.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, including coronary artery disease, hypertension, and stroke.

Weight Gain

The increase in body weight over a period of time, which can result from a variety of factors including diet, exercise, and underlying health conditions.