The Figure Below Shows the Isocost Lines and the Isoquant

question 31

Multiple Choice

The figure below shows the isocost lines and the isoquant map for a firm producing golf tees.
FIGURE 8- 6
-Refer to Figure 8- 6.Suppose this firm is producing 3000 golf tees and is at point F on the isoquant map.Which of the following is true?

• A)MPK/MPL is greater than 5/2.
• B)MPK/MPL is equal to PK/PL .
• C)MPK/MPL is equal to 2/5.
• D)MPL/MPK is greater than 5/2.
• E)MPK/MPL is equal to 5/2.

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Definitions:

Sexual Energy

The vitality and enthusiasm related to sexual feelings and activities, often considered as a driving force of creativity and relationship dynamics.

Id

According to Freud, the psychological force that produces instinctual needs, drives, and impulses.

Rational Thinking

The process of thinking clearly, logically, and applying objective judgment based on facts and reason, rather than emotions or irrational beliefs.

Instinctual Needs

The fundamental biological and psychological needs driving behavior, such as needs for food, safety, and attachment.