Express the Ratio in Lowest Terms $5 : 40$ A) $\frac { 1 } { 8 }$

question 8

Multiple Choice

Express the ratio in lowest terms. $5 : 40$

• A) \(\frac { 1 } { 8 }\)
• B) \(\frac { 1 } { 13 }\)
• C) \(\frac { 1 } { 3 }\)
• D) \(\frac { 1 } { 11 }\)
• E) \(\frac { 1 } { 7 }\)

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Definitions:

Cost Of Capital

The rate of return that a company must earn on its investment projects to maintain its market value and attract funds.

Cost Of Labor

Refers to the total amount spent by employers on wages, benefits, and payroll taxes for their employees.

Slope

In mathematics, it is the measure of the steepness or inclination of a line, often calculated as the ratio of the vertical change to the horizontal change between two points on the line.

Isoquant

A curve that represents all the combinations of inputs that produce the same level of output in production theory.