Production Function -What Is the APP of Using 3 Units of Input

question 36

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 3 units of input?

• A) 10
• B) 15
• C) 20
• D) -10

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Definitions:

Idea of Progress

The belief that society can grow and evolve in a positive direction through advancements in science, technology, and social organization.

Neolithic Period

A prehistoric period marked by the development of agriculture, the creation of permanent settlements, and the rise of complex societies.

Agricultural Societies

Communities or societies that rely on agriculture as their primary means of subsistence, focusing on the cultivation of crops and raising of livestock.

Food Production

The processes involved in creating food products from raw materials through agriculture, husbandry, or aquaculture, meeting the dietary needs of populations.