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When a firm uses four machines, it can produce 400 units daily. A fifth machine allows the firm to produce 560 units. Which of the

When a firm uses four machines, it can produce 400 units daily. A fifth machine allows the firm to produce 560 units.

Which of the following statements is true regarding production?

  • a.)
  • The average product for the fifth machine is 32 units.
  • b.)
  • The total product for the ninth machine is 960 units.
  • c.)
  • The marginal product for the fifth machine is 160 units
  • d.)
  • The average product for the fourth machine is 40 units.

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