# Solved > 59) The physical output that is due to:1913290 …

59) The physical output that is due to the addition of one more unit of a variable factor of production is

A) average total cost.

B) marginal cost.

C) average physical product.

D) marginal physical product.

60) As the quantity of labor increases while the amount of other inputs are held constant, marginal product of labor will

A) increase continuously.

B) decrease continuously.

C) initially decrease and then increase.

D) initially increase and then decrease.

61) Recently Apple Computer developed Apple’s new iTunes Music Store, which offers more than 200,000 songs from five major record labels, for use with Apple’s iPod and iMac. More than a million songs were downloaded the first week alone! In economic terms, CEO Steve Jobs helped convert capital and labor inputs into products consumers use. Any activity that results in the conversion of resources into products that can be used in consumption is

A) not profitable.

B) a start up venture.

C) demand.

D) production.

62) Using the above table, the total product and average physical product when 3 workers are employed are

A) 36 and 12, respectively.

B) 39 and 13, respectively.

C) 37 and 27, respectively.

D) 40 and 10, respectively.

63) Using the above table, the total product and average physical product when 5 workers are employed are

A) 61 and 21, respectively.

B) 62 and 13, respectively.

C) 62 and 15, respectively.

D) 61 and 12.2, respectively.

64) Using the above table, the average physical product and marginal physical w hen 4 workers are employed are

A) 13 and 13, respectively.

B) 13 and 14, respectively.

C) 13 and 9, respectively.

D) 14 and 13, respectively.

65) Using the above table, the marginal product of the 2nd worker is

A) 12.

B) 14.

C) 15.

D) 13.

66) Using the above table, the marginal product of the 4th worker is

A) 12.

B) 13.

C) 14.

D) 15.

Use the information from the below table to answer following question(s).

67) In the above table, the average product for 5 units of labor is

A) 20.0.

B) 22.5.

C) 25.0.

D) 15.0.

68) In the above table, the average product for 3 units of labor is

A) 30.0.

B) 26.7.

C) 26.3.

D) 25.0.

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