Question 12 (2 points) Saved The method in which inputs are combined to obtain a particular output refers to which of the following? 1) Production O 2) Factors of Production 3) Plant 4) Technology Question 13 (2 points) Saved To answer the economic question of "what to produce," agribusiness managers should look to which of the following? 1) All of the statements are correct 2) Economic Factors--profit vs. loss 0 3) Technical factors-high tech vs. low tech 4) None of the statements are correct 5) Marketing factors-what do consumers want to consume? Question 14 (2 points) Saved When additional units of variable input are added to fixed inputs, the marginal product of the variable increases continually. 1) True O2) False Previous Page Next Page Page 14 of 76 rage 130 70 Question 15 (2 points) Stage Il of the production function begins when MP =AP and ends where MP = 0. 1) True 2) False Previous Page Next Page Page 15 of 76