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:

Depolarization

The loss of polarity, or opposite charges inside and outside; the electrical impulse that initiates a chain reaction resulting in contraction.

Electrical Impulse

A rapid, transient electrical charge that travels along the membrane of a nerve or muscle cell.

Chain Reaction

A sequence of reactions where a reactive product or by-product causes additional reactions to take place.

P-R Interval

A measurement on an electrocardiogram (ECG) reflecting the time between the onset of atrial depolarization and the onset of ventricular depolarization; important in diagnosing cardiac conditions.