A Firm Is Employing Inputs Such That the Marginal Product

question 75

Multiple Choice

A firm is employing inputs such that the marginal product of labor is 25 and the marginal product of capital is 40.The price of labor is $5, and the price of capital is $8.If the firm wants to minimize costs, then it should

• A)use more labor and less capital.
• B)use less labor and less capital.
• C)use less labor and more capital.
• D)make no change in resource use.

---

Definitions:

Therapy Modality

The method or approach used in therapy to treat psychological disorders, which can include techniques such as cognitive-behavioral, psychodynamic, or interpersonal therapy.

Cognitive-Behavioral Therapy

A form of psychotherapy that treats problems and boosts happiness by modifying dysfunctional emotions, behaviors, and thoughts.

CBT

Cognitive Behavioral Therapy is a psychological treatment method that addresses maladaptive behaviors through systematic processes challenging and altering unhelpful cognitive distortions and attitudes.

Client-Centered Therapy

A psychological treatment method that emphasizes understanding and caring rather than diagnosing and advising, focusing on the client's perspective.