Question

Pigs tt LILIW Workers 9 10 o i 2 3 4 5 6 7 8 The graph above shows the production function of a small farm that raises pigs. Refer to the graph to answer the following questions: • If the farm employs 9 workers then it can produce pigs. • To produce 60 pigs the farm needs to hire worker(s). Point C on the production function tells us that to produce pigs the farm needs to hire worker(s). • The shape of the production function tells us that between points A and B this farm's production process exhibits Check

Answer 1

Jhe ppF &has Hus autut andl input Retationship g아 20 1 3 Wakers # the fanmus employs 9wnkes then it Can produce To produce the Panm G0 pix needs ho hive 3 OY kers ne prod uchen Function tel u the faam Por'nt c that to product heeds to hire5 WYOkeM Pate of Retun oe Economy f scals inucan by Incesiny tt Becene hue Produchion enchia