If for a Firm the Price of Input a Is

question 9

Multiple Choice

If for a firm the price of input A is four times the price of input B,costs will be minimized for a given level of output when the

• A) firm uses four times as much input A as input B.
• B) total product of input A is four times greater than the total product of input B.
• C) average product of input A is four times greater than the average product of input B.
• D) marginal product of input A is four times greater than the marginal product of input B.
• E) total products of both A and B are equal to four times the marginal products of inputs A and B.

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Definitions:

β-Furanose

A form of a cyclic sugar where the furanose ring has the hydroxyl group at the anomeric carbon in the beta configuration.

α-D-Glucopyranose

An isomer of glucose that is a six-membered oxygen-containing ring (pyranose form), important in biology and nutrition.

Anomers

Carbohydrates that differ in configuration only at the hemiacetal or hemiketal carbon atom, often referred to as the anomeric carbon.

Optical Rotation

The measurement of the degree to which a chiral compound rotates plane-polarized light, a property specific to chiral substances.