A Short-Run Production Function Was Estimated as at 60

question 21

Multiple Choice

A short-run production function was estimated as At 60 units of labor,what is marginal product?

• A)4.1
• B)1.2
• C)6.3
• D)2.4
• E)-2.4

---

Definitions:

Abandoned Property

Assets or possessions left by an owner who intentionally relinquishes all rights to control it, often leading to the right of acquisition by others.

New Apartment

A living space in a residential building that has recently been built or has never been occupied before.

Sofa

A piece of furniture designed for seating multiple people, typically upholstered and used in living rooms or lounges.

Bailed Property

Property that is temporarily transferred to another party (the bailee) for custody or safekeeping, under an agreement called a bailment.