The Following Question Are Based on the Following Production Function

question 36

Multiple Choice

The following question are based on the following production function:

-In this production function

• A) total, average, and marginal products are all declining.
• B) total and average products are rising.
• C) total, average, and marginal products are all rising.
• D) total product is rising, while average and marginal products are declining.
• E) total product is rising, but the behavior of the average and marginal products cannot be determined.

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Definitions:

Homo Neanderthalensis

Extinct hominin; closest known relative of H. sapiens; lived in Africa, Europe, Asia.

Homo Erectus

Extinct hominin that arose about 1.8 million years ago in East Africa; migrated out of Africa.

Homo Floresiensis

A species of small-statured humans that lived on the Indonesian island of Flores until roughly 50,000 years ago.

Cartilaginous Fish

Jawed fish with a skeleton of cartilage; a shark, ray, or skate.