Suppose the Production Function Is Given by Q = 3K

question 168

Multiple Choice

Suppose the production function is given by Q = 3K + 4L.What is the average product of capital when 5 units of capital and 10 units of labor are employed?

• A) 3
• B) 4
• C) 11
• D) 45

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Definitions:

Myelination

The process of forming a myelin sheath around a nerve to allow electrical signals to transmit quickly and efficiently across the nerve cells.

Fine Motor Skills

The coordination of small muscles, typically in the hands and fingers, allowing for precise movements such as writing, grasping, and manipulating objects.

Cerebellum

The part of the brain at the back of the skull in vertebrates, which coordinates and regulates muscular activity.

Cerebral Cortex

The outer layer of the cerebrum in the brain, playing a key role in memory, attention, perception, cognition, awareness, thought, language, and consciousness.