Scenario 1: the Following Is a Hypothetical Short-Run Production Function

question 16

Multiple Choice

Scenario 1: The following is a hypothetical short-run production function:

-Refer to Scenario 1.What is the average product of the first three hours of labor?

• A)60
• B)80
• C)100
• D)240

---

Definitions:

Collagen

Collagen is a structural protein found in the connective tissues of animals, including humans, providing tensile strength and elasticity to skin, tendons, ligaments, and bones.

Elastic

A property of materials that enables them to resume their original shape after being stretched or compressed.

Cartilage

A flexible, rubbery connective tissue found in various forms in the larynx and respiratory tract, the external ear, the joints, the rib cage, and elsewhere in the body.

Ectotherms

Cold-blooded animals whose body temperature is regulated by external environmental conditions, unlike endotherms that regulate their body temperature internally.