Production Function -What Is the APP of Using 1 Unit of Input

question 33

Multiple Choice

Production Function.
Below is the production function for an agribusiness firm, where X is the input, and Y is the output.
$\begin{array}{llll}\underline{\mathrm{X}} & \underline{\mathrm{Y}} & \underline{\text { APP }} & \underline{\mathrm{MPP}} \\0 & \underline {\quad} & -- & -- \\1 & 10 & \underline {\quad} & 10 \\2 &\underline {\quad} & 15& \underline {\quad} \\3 & 45& \underline {\quad} & 15 \\4 & 50 &\underline {\quad} & \underline {\quad} \\5 & 45 &\underline {\quad} & \underline {\quad} \\6&\underline {\quad} &6&-9\end{array}$
-What is the APP of using 1 unit of input?

• A) 0
• B) 10
• C) -10
• D) 1

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Definitions:

Valeric Acid

A saturated fatty acid with the chemical formula C5H10O2, present in valerian root and used in flavoring.

Structural Formula

A representation of the molecular structure of a chemical compound, showing how atoms are arranged within the molecule.

Alcohol Metabolism

The process by which the body breaks down alcohols, primarily ethanol, into acetaldehyde and then acetic acid.

Carboxylic Acids

Organic compounds characterized by the presence of at least one carboxyl group, which consists of a carbon atom double-bonded to an oxygen atom and single-bonded to a hydroxyl group.