Touchie MacFeelie's Production Function Is , Where J Is

question 7

Multiple Choice

Touchie MacFeelie's production function is , where J is the number of old jokes used and L is the number of hours of cartoonists' labor. Touchie is stuck with 400 old jokes for which he paid 4 dollars each. If the wage rate for cartoonists is 3 dollars, then the total cost of producing 128 comics books is

• A) 2,368 dollars.
• B) 1,184 dollars.
• C) 3,552 dollars.
• D) 2,496 dollars.
• E) 592 dollars.

---

Definitions:

Content Theory

Refers to theories that explain why human needs change over time, focusing on specific factors that motivate people at work.

Perceived Inequity

A feeling or belief that one has been treated unfairly or has received less than they deserve, especially in comparison to others.

J. Stacy Adams

An American behavioral and workplace psychologist, known for developing equity theory on job motivation and satisfaction.

Process Theories

Theories focusing on the psychological and behavioral processes that motivate individuals to act in certain ways.