Use the Information Provided in Table 7 Table 71

-Refer to Table 7

question 121

Multiple Choice

Use the information provided in Table 7.1 below to answer the question(s) that follow.
Inputs Required to Produce a Product Using Alternative Technologies
$\begin{array} { c c c } \hline \text { Technology } & \text { Units of Capital } & \text { Number of Employees } \\\hline \text { A } & 4 & 18 \\\text { B } & 6 & 12 \\\text { C } & 8 & 8 \\\text { D } & 12 & 6 \\\hline\end{array}$
Table 7.1

-Refer to Table 7.1. If the hourly wage rate is $7 and the hourly price of capital is $10, which production technology should be selected?

• A) A
• B) B
• C) C
• D) D

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Definitions:

Childhood Experiences

The collection of events, interactions, and relationships a person has during their early years of life, influencing their development and personality.

Logic

A system of reasoning or a framework for rational thought, used to analyze arguments and deduce conclusions based on premises.

Self-referent Question

A type of question that prompts individuals to evaluate themselves or reflect on their personal experiences or attitudes.

Generate Emotions

The process through which individuals produce or evoke emotional responses to stimuli or thoughts.