Table 1 shows the production of corn by Syarikat Usaha. Answer the followingquestions based on the table.Land(piece)112.111111Tractor(units)2NN222222Table 1. Production of cornTotalproduct(tons)8Worker(peoples)123456782454829510010096AverageProduct(tons)MarginalProduct(tons)Categorized the factors of production used by Syarikat Usaha into fixed andvariable inputs. Provide another example of variable input.

The act of creating output is referred to as production. It includes any economic activity that…

Table 1 shows the production of corn by Syarikat Usaha. Answer the following questions based on the table. Land (piece) 1 2. 1 1 Tractor (units) ~~~~~~~~ 2 2 2 2 2 2 2 2 Table 1. Production of corn Total product (tons) 8 24 54 82 95 100 100 96 Worker (peoples) 1 2 199 2 WN 3 4 5 6 7 8 Average Product (tons) Marginal Product (tons) Categorized the factors of production used by Syarikat Usaha into fixed and variable inputs. Provide another example of variable input.

Table 1 shows the production of corn by Syarikat Usaha. Answer the following questions based on the table. Land (piece) 1 2. 1 1 Tractor (units) ~~~~~~~~ 2 2 2 2 2 2 2 2 Table 1. Production of corn Total product (tons) 8 24 54 82 95 100 100 96 Worker (peoples) 1 2 199 2 WN 3 4 5 6 7 8 Average Product (tons) Marginal Product (tons) Categorized the factors of production used by Syarikat Usaha into fixed and variable inputs. Provide another example of variable input.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 24RQ: What is a production technology?

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