Suppose a Firm Employs Two Kinds of Inputs,capital at $100

question 73

Multiple Choice

Suppose a firm employs two kinds of inputs,capital at $100 per unit,and labour at $25 per unit.If the marginal product of capital is 50,then the firm should ________ in order to minimize its production costs.

• A)employ more capital and less labour
• B)employ more labour and less capital
• C)employ more labour and more capital
• D)not change its current factor use
• E)There is insufficient information to make a recommendation.

Identifying examples of self-efficacy and its role in individual capabilities.

Comprehension of Maslow's hierarchy of needs.

Understand arousal theory and how it explains behavior and performance.

Recognize instinctive behaviors and differentiate them from learned behaviors.

---

Definitions:

Epigenetic Marks

Chemical modifications to DNA that do not change the DNA sequence but can affect gene activity and expression.

Personality Traits

Innate characteristics that influence an individual's patterns of thought, emotion, and behavior.

Religious Beliefs

The specific ideological and theological principles that an individual adheres to within a particular religion.

Political Views

The opinions or beliefs of an individual regarding politics, including policies, ideologies, and the governance of a society.