Use the Information Provided in Table 7 -Refer to Table 7

question 100

Multiple Choice

Use the information provided in Table 7.2 below to answer the question(s) that follow.
Inputs Required to Produce a Product Using Alternative Technologies
$\begin{array} { c c c } \hline \text { Technology } & \text { Units of Capital } & \text { Number of Employees } \\\hline \text { A } & 16 & 8 \\\text { B } & 12 & 12 \\\text { C } & 8 & 20 \\\text { D } & 6 & 24 \\\hline\end{array}$

-Refer to Table 7.2. If the hourly price of labor is $10 and the hourly price of capital is $1, which production technology should be selected?

• A) A
• B) B
• C) C
• D) D

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Definitions:

Gender Differences

Variations in characteristics, behaviors, and roles traditionally associated with being male or female.

Biological and Environmental Factors

The combination of genetic, physiological, and environmental influences that affect an individual's behavior, personality, and health.

Conditioning

A process of behavior modification in which a subject learns to respond in a desired manner to a previously neutral stimulus that has been repeatedly presented along with an unconditioned stimulus that elicits the desired response.

False Dichotomy

A logical fallacy that presents two options as the only possibilities when, in fact, other options exist.