The Following Question Are Based on the Following Information

question 38

Multiple Choice

The following question are based on the following information:
A firm uses inputs of labor, fertilizer, and land to produce strawberries (which are sold to wholesalers and processors) . The quantity of land used is fixed at eight acres per season and the production function implies the relationships in the following table:

-The marginal product of the fourth unit of labor is ________ bushels.

• A) 1,000
• B) 2,000
• C) 3,100
• D) 3,500
• E) 4,000

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Definitions:

Accommodation

An adaptation or adjustment made to suit a new condition or environment; in social relations, the process of adapting or adjusting one's behavior to reduce conflict.

Conflict Management Strategy

Methods or approaches used to handle disputes or disagreements in a constructive manner.

Hard Sell

A forceful, aggressive marketing or sales strategy aiming to persuade customers to purchase a product or service.

Domination

The exercise of power or influence over others to control their actions or decisions.