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When a Particular Firm Is Fully Utilizing Its Capital,its Output

question 59

Multiple Choice

When a particular firm is fully utilizing its capital,its output is given by Y = 10 × When a particular firm is fully utilizing its capital,its output is given by Y = 10 ×   .The cost of labor is $1 per unit.To maximize profit,how many units of labor should this firm use? A) 25 B) 5 C) 3.16 D) 100 E) 50
.The cost of labor is $1 per unit.To maximize profit,how many units of labor should this firm use?


Definitions:

Clay

A natural, earthy material composed of fine-grained minerals, often used in pottery, bricks, and sculpture, known for its plasticity when moist.

Gymnosperms

A group of seed-producing plants that includes conifers, cycads, Ginkgo, and gnetophytes, characterized by their naked seeds not enclosed in an ovary.

Angiosperms

A large group of plants characterized by having flowers and producing seeds enclosed within a fruit.

Xylem

Complex vascular tissue of plants; cell walls of its dead tracheids and vessel elements form tubes that distribute water and mineral ions through the plant body.

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