Suppose That the First Four Units of a Variable Input

question 42

Multiple Choice

Suppose that the first four units of a variable input generate corresponding total outputs per period of 200, 350, 450, and 500, respectively.The marginal product of the second unit of input is:

• A) 50.
• B) 100.
• C) 150.
• D) 200.

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Definitions:

Ghrelin

A hormone produced in the stomach that stimulates appetite, signaling the brain to increase food intake.

Leptin

A hormone produced by fat cells in the body that helps to regulate body weight by inhibiting hunger and thereby reducing food intake.

Homeostasis

The body's automatic tendency to maintain a stable internal environment.

Need

A psychological or physiological requirement for the well-being of an organism.