On a 100-acre farm, a farmer is able to produce 3,000 bushels of wheat when he hires 2 workers. He is able to produce 4,400 bushels of wheat when he hires 3 workers. Which of the following possibilities is consistent with the property of diminishing marginal product?
A、The farmer is able to produce 5,600 bushels of wheat when he hires 4 workers.
B、The farmer is able to produce 5,800 bushels of wheat when he hires 4 workers.
C、The farmer is able to produce 6,000 bushels of wheat when he hires 4 workers.
D、Any of the above could be correct.
A、The farmer is able to produce 5,600 bushels of wheat when he hires 4 workers.
B、The farmer is able to produce 5,800 bushels of wheat when he hires 4 workers.
C、The farmer is able to produce 6,000 bushels of wheat when he hires 4 workers.
D、Any of the above could be correct.
微观经济学(全英)
章节列表
1. General Overview of Economics282. Principles of Economics353. Circular-Flow Diagram and PPF204. Interdependence and Trade205. Demand and Supply756. Elasticity717. Price Control and Taxation408. CS, PS and the Efficiency of Markets109. Costs of Taxation2510. International Trade3011. Externalities3112. Public Goods and Common Resources2013. The Costs of Production20