The Following Question Are Based on the Following Information

question 49

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 average 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:

Vaccinations

Medical process of administering vaccines to stimulate the body's immune response against diseases.

3-year-olds

A developmental stage where children show rapid growth in language, cognitive skills, social interaction, and motor abilities.

Decreased Appetite

An reduction in the desire to eat, which can stem from psychological, physiological, or medical conditions.

2-year-old

Describes an individual who is two years of age, a period in early childhood marked by rapid development in motor skills, language, and social interaction.