QULJLIUI LU spus The answer to the question "how much does it cost to increase production by one keg of beer" Is never important information for profit maximizing firms Requires knowing the marginal cost O Will be the same as the answer to the question, "how much does it cost to make a typical keg of beer?" Requires knowing the fixed cost Question 21 3 pts Y 0 0 1 3 N 00 3 15 24 at Question 21 3pt X Y 0 O 3 2 8 3 15 4 24 5 25 A firm produces output Y using input X according to the table above. What is the marginal physical product (MPP) of the 4th unit of input? O 1 06 O 24 09 Question 22 3 pts Marcella owns 100 acres of land in Western Kansas. She grows wheat on her land. Which of the following is an opportunity cost on Marcella's farm? The cost of purchasing fertilizer The cost of purchasing pesticide The income she could get from renting her land to another farmer The cost of paying her worke 3 pts Question 23 250 MPP APP X g tad