Question

Oiven the tale belon of the smount of total output produced tom various combinations of labor and captal itf capital is foed at one unit and 3 units of labor are emplayed, the average product of labor a Rem i Production Amounts K-1 K-2 K-3 L1 80 100 120 L 2 180 220 260 L-3 270 330 390 L4 340 420 500 L-5 390 490 590 L-6 410 530 650 Select oner A 270 C 90 D 40 E none of the above Given the table above, i& capital is fxed at one unit, the marginal product of the ourth unit of labor is Select on A.90 B 349 C 70 O D60 E none of the above Oiven the table above, it capital is fred at one unit, diminishing neturms begin with the Select one A first unit of labor second unit of labor C tind unt of labor D. fourh unit of labor noe of the above B E on 10 otal cost is broen down into two components Select one A total varable cost and marginal cost