MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Pie Diagram

Use table to ...

Question

Use table to answer questions
Hours of Labour Total output Marginal Product
0 0 0
1 200 200
2 - 160
3 480 -
What is the total output when 2 hours of labour are employed

A

160

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

200

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

360

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

D

400

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C 360
Hours of labour Total output Marginal Output
0 --- ---
1 200 200
2 360(200+160) 160
3 480 120(480-360)
Thus, the output for 2 hours of labour employed is :
$200 + 160 = 360$

Suggest Corrections

thumbs-up

0

Similar questions

Q. Use table to answer questions

Hours of Labour	Total output	Marginal Product
0	0	0
1	200	200
2	-	160
3	480	-

What is the marginal product of the third hour labour?

Hours of Labour	Total Output	Marginal Product
0	?	?
1	100	100
2	?	80
3	240	?

What is the total output when

2

hours of labour are employed?

Q. Use table to answer question

Hours of Labour	Total output	Marginal Product
0	0	0
1	300	300
2	-	240
3	720	-

What is the marginal product of the third hour of labour?

Q. Use the following information to answer the question:

Hours Labour	Total of output	Marginal Product
$0$	-	-
$1$	$100$	$100$
$2$	-	$80$
$3$	$240$	-

What is the total ouput when

2

hours of labour are employed?

Hours of Labour	Total Output	Marginal Product
0	?	?
1	100	100
2	?	80
3	240	?

What is the marginal product when

3

hours of labour are employed?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Diagrammatic Presentation

STATISTICS

Watch in App

explore_more_icon

Explore more

Standard XI Statistics

Join BYJU'S Learning Program

CrossIcon