Consider a Production Function of the Form $Q = K ^ { 2 } L ^ { 2 }$

question 87

Multiple Choice

Consider a production function of the form $Q = K ^ { 2 } L ^ { 2 }$ with marginal products $\mathrm { MP } _ { \mathrm { K } } = 2 \mathrm { KL } ^ { 2 }$ and $\mathrm { MP } _ { \mathrm { L } } = 2 \mathrm {~K} ^ { 2 } \mathrm {~L}$ . What is the marginal rate of technical substitution of labor for capital at the point where $\mathrm { K } = 5$ and $\mathrm { L } = 5$ ?

• A)5
• B)25
• C)50
• D)1

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Definitions:

Job Performance

The level of efficiency and effectiveness with which an individual fulfills their job responsibilities and duties.

General Adaptation Syndrome

A theoretical model describing the body's short-term and long-term reactions to stress, including stages of alarm, resistance, and exhaustion.

Stage Of Stress

Refers to the phases an individual goes through in response to a perceived stressor, generally including arousal, resistance, and recovery.

Job Burnout

A state of physical, emotional, and mental exhaustion caused by prolonged stress, typically in the workplace.