Refer to the Information Provided in Table 8 -Refer to Table 8

question 357

Multiple Choice

Refer to the information provided in Table 8.1 below to answer the question(s) that follow.
Table 8.1 $$\begin{array} { l c c c } \text { Produce } & \begin{array} { c } \text { Using } \\\text { Techniques }\end{array} & \begin{array} { c } \text { Units of Variable } \\\text { K }\end{array} & \begin{array} { c } \text { Inputs } \\\text { L }\end{array} \\\hline \text { 1 unit of output } & & & \\& \text { A } & 8 & 8 \\& \text { B } & 4 & 12 \\\text { 2 units of output } & & & \\& \text { A } & 14 & 12 \\& \text { B } & 8 & 20 \\3 \text { units of output } & & & \\& \text { A } & 16 & 12 \\& \text { B } & 12 & 22 \\\hline\end{array}$$
-Refer to Table 8.1. Assume the price of labor (L) is $5 per unit, the price of capital (K) is $10 per unit, and that firms attempt to minimize costs. The total variable cost of producing one unit of output is

• A) $16.
• B) $100.
• C) $120.
• D) $220.

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Definitions:

Repressed Memories

Memories involuntarily obscured because they're related to intense stress or traumatic events.

Memory Distortions

Alterations or inaccuracies in the recall of events or information, often due to the influence of external factors or psychological mechanisms.

Anal Canal

The terminal part of the large intestine through which feces are expelled from the body.

Gastrointestinal Tract

The continuous passage starting from the mouth to the anus, including the stomach and intestines, through which food is digested and nutrients are absorbed.