Refer to the Following

question 4

Multiple Choice

Refer to the following:
The price of labor is $15 per unit.
-How many units of labor should a firm use to produce 2,000 units of output at the least cost?

• A) 40
• B) 50
• C) 80
• D) 100
• E) none of the above

---

Definitions:

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, etc.

Academic Achievement

The extent to which a student, teacher, or institution has attained their short or long-term educational goals.

Psychosis

A mental disorder characterized by a disconnection from reality, which may include hallucinations, delusions, and impaired thought processes.

Social Anxiety Disorder

A mental health disorder characterized by significant anxiety or fear of being judged, negatively evaluated, or rejected in a social or performance situation.