What is the marginal physical productivity (MPP) of the inputs given the function Q = 12x² + 2x₁2 + 2x²? Select one: O a. MPPT, = 24x₁ + 2x₁ MPP₂ = 2x1 + 4x₁ O b. MPPT MPPT2 O C. MPPT1 MPPT2 - O d. MPPT - = 24+ 2x2 + 2 2x₁ + 4x₂ 24x1 + 2x2 MPPT₂ 2x₁4x2 24x₁ + 2x1 2x₂ + 4x2 -
What is the marginal physical productivity (MPP) of the inputs given the function Q = 12x² + 2x₁2 + 2x²? Select one: O a. MPPT, = 24x₁ + 2x₁ MPP₂ = 2x1 + 4x₁ O b. MPPT MPPT2 O C. MPPT1 MPPT2 - O d. MPPT - = 24+ 2x2 + 2 2x₁ + 4x₂ 24x1 + 2x2 MPPT₂ 2x₁4x2 24x₁ + 2x1 2x₂ + 4x2 -
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 13RQ: What is the difference between a fixed input and a variable input?
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Question
![What is the marginal physical productivity (MPP) of the inputs given the function
Q = 12x + 2x1x2 + 2x²?
Select one:
O a. MPPT₁ 24x1 + 2x1
MPP₂ = 2x1 + 4x₁
O b. MPPT₁ = 24+ 2x₂ + 2
MPPT₂ = 2x1 + 4x2
OC. MPPT₁
MPPT2
O d. MPPT₁
MPPT
-
24x₁ + 2x1
2x2 + 4x2
Time
24x₁ + 2x₂
2x₁ + 4x2
Next p](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff27c821f-b674-497b-a6da-6f9c84000ccd%2F27d2a2ef-deaf-4949-9f59-3ee33936dfc1%2Fpc2bdml_processed.jpeg&w=3840&q=75)
Transcribed Image Text:What is the marginal physical productivity (MPP) of the inputs given the function
Q = 12x + 2x1x2 + 2x²?
Select one:
O a. MPPT₁ 24x1 + 2x1
MPP₂ = 2x1 + 4x₁
O b. MPPT₁ = 24+ 2x₂ + 2
MPPT₂ = 2x1 + 4x2
OC. MPPT₁
MPPT2
O d. MPPT₁
MPPT
-
24x₁ + 2x1
2x2 + 4x2
Time
24x₁ + 2x₂
2x₁ + 4x2
Next p
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