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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