The Following Table Shows the Marginal Products of Capital (K)and

question 134

Multiple Choice

The following table shows the marginal products of capital (K) and labour (L) for various methods for Firm ABC to produce 1000 toys per day.
TABLE 8-2
-Refer to Table 8-2.Suppose capital costs $80 per unit and labour costs $24 per unit.Which production method minimizes the cost of producing 1000 toys per day.

• A)method B
• B)method C
• C)method D
• D)method E
• E)method F

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Definitions:

Duchenne's

A genetic disorder characterized by progressive muscle degeneration and weakness due to the alterations of a protein called dystrophin that helps keep muscle cells intact.

Pathology Present

Indicates the existence of a disease or abnormal condition in a given specimen or patient.

Muscle Stiffness

A condition characterized by tightness in the muscles, potentially leading to discomfort or difficulty in moving.

Muscles

Tissue found in the body of animals and humans which has the ability to contract, enabling movement.