The Figure Below Shows the Isocost Lines and the Isoquant

question 136

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 4000 golf tees with 10 units of capital and 25 units of labour point G) . The marginal rate of substitution between capital and labour is

• A) 2.5.
• B) 0.4.
• C) 100.
• D) 40.
• E) 0.025.

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