(Figure: Production Function V) Refer to the Production Function, Which

question 126

Multiple Choice

(Figure: Production Function V) Refer to the production function, which has a slope of 1/L^0.5. The marginal product of labor for L = 1, assuming that labor is infinitely divisible, is ____.

• A) 1
• B) 0.705
• C) 0.577
• D) 0.5

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Definitions:

Adhesive Material

Substances used to bind objects together, typically by surface attachment.

Laceration

A cut or tear in the skin or flesh, often caused by an accident with a sharp object, which can vary in depth and severity.

Sutureless

Referring to medical procedures or wound closures done without the use of stitches.

Electrocautery

A surgical technique that uses electric current to heat tissue in order to control bleeding or cut through tissue.