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:

Socially Responsible

Describes businesses or practices that operate in a manner that considers the welfare of society and the environment.

Roofing Company

A business that specializes in the installation, repair, and maintenance of roofs on buildings and homes.

Deposit

A sum of money placed in a bank account or with a financial institution as a part of a transaction or as security.

Unethical Decision

Choices that violate moral principles and do not conform to accepted standards of conduct.