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:

Extreme Decisions

Choices or judgments that are significantly different from the norm, often involving high risk or unconventional solutions.

Individual Performance

The measure of the output or results achieved by a single person in their job, task, or activity.

Persuasive Arguments Theory

A theory suggesting that the effectiveness of persuasion is influenced by the quality and quantity of arguments and the relevance to the audience.

Group Polarization

The propensity of a group to arrive at decisions that are significantly more radical than the original tendencies of its participants.