Scenario 7.2: the Production Function for Earthquake Detectors (Q) Is Given as Given

question 173

Multiple Choice

Scenario 7.2:
The production function for earthquake detectors (Q) is given as follows:
Q = 4K^1/2L^1/2
where K is the amount of capital employed and L is the amount of labor employed. The price of capital, P_K, is $18 and the price of labor, P_L, is $2.
-Refer to Scenario 7.2. What is the marginal cost of the 60th earthquake detector?

• A) 0
• B) 5 ^1/2
• C) 3
• D) 5
• E) none of the above

Recognize ergonomic practices and their impact on employee well-being.

Understand the role and regulations of agencies such as OSHA in enforcing workplace safety.

Identify strategies and practices for promoting employee mental health and preventing workplace stress.

Understand the legal and organizational implications of workplace injuries and illnesses.

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Definitions:

Analog Output

An electrical signal that represents a continuous physical quantity, used in control systems to drive or modulate external devices.

Electrical Isolation

A technique of preventing direct electrical current flow between two parts of an electrical system, often achieved through the use of optoisolators or transformers, to protect against surges and interference.

Points per Module

The number of inputs or outputs that a single module in a modular system, such as a PLC, can handle or support.