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

question 69

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
 Technology  Units of Capital  Number of Employees  A 168 B 1212 C 820 D 624\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 capital is $10 and the hourly price of labor is $20, which production technology should be selected?


Definitions:

Murders

The unlawful premeditated killing of one human being by another.

Nonviolent Drug Offenses

Legal violations involving the possession, use, or distribution of drugs that do not involve violence or the threat of violence.

War on Drugs

A campaign of prohibition and foreign military aid and military intervention undertaken by the U.S. government with the aim of reducing the illegal drug trade.

Drug Trafficking

The illegal trade involving the cultivation, manufacture, distribution, and sale of substances subject to drug prohibition laws.

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