What is the marginal physical productivity (MPP) of the inputs given thefunction Q = 18z7 + 2x1#2 + 2x3?Select one:O a. MPP = 36x1 + 2x2MPP, = 2x1 + 4x2ОБ. МP, — 36+ 2г2 +2MPP, = 2x1 + 4x2%3D%3DO. MPP,36x1 + 2x1%3DMPP, = 2x1 + 4x1%3DO d. MPPMPP, = 2x2 + 4x236z1 + 2x1%3D%3D

For marginal products of each input we need to take partial derivative of Q with respect to x1 and…

What is the marginal physical productivity (MPP) of the inputs given the function Q = 18z7 + 2z1#2 + 2x3? Select one: O a. MPP, = 36z1 + 2x2 MPP, = 2x1 + 4x2 %3D ОБ. МP, — 36+ 272 +2 MPP, = 2x1 + 4x2 Oc. MPP = 36x, + 2x1 MPP, = 2x1 + 4x1 %3D %3D O d. MPP, = 36z1 + 2x1 MPP, = 2x2 + 4x2

What is the marginal physical productivity (MPP) of the inputs given the function Q = 18z7 + 2z1#2 + 2x3? Select one: O a. MPP, = 36z1 + 2x2 MPP, = 2x1 + 4x2 %3D ОБ. МP, — 36+ 272 +2 MPP, = 2x1 + 4x2 Oc. MPP = 36x, + 2x1 MPP, = 2x1 + 4x1 %3D %3D O d. MPP, = 36z1 + 2x1 MPP, = 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 = 18z7 + 2x1#2 + 2x3?
Select one:
O a. MPP = 36x1 + 2x2
MPP, = 2x1 + 4x2
ОБ. МP, — 36+ 2г2 +2
MPP, = 2x1 + 4x2
%3D
%3D
O. MPP,
36x1 + 2x1
%3D
MPP, = 2x1 + 4x1
%3D
O d. MPP
MPP, = 2x2 + 4x2
36z1 + 2x1
%3D
%3D

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