A Firm's Production Function Is Given by

question 32

Multiple Choice

A firm's production function is given by .The marginal products of labor and capital are,respectively, and .Further,the wage rate is and the rental rate of capital is .Suppose that the firm wants to produce 27,000 units of output in the most efficient way possible.How much does the firm spend?

• A) $600
• B) $900
• C) $1,500
• D) $2,100

---

Definitions:

Shirk

The act of avoiding or neglecting responsibilities or duties, often in a work context.

Rubber Surfaces

Synthetic or natural rubber materials used to create surfaces for various applications, such as playgrounds, athletic tracks, and safety mats, known for their durability and shock-absorbent properties.

Gravel Surfaces

Ground covered with loose stones, often used for paths, driveways, and as a surface layer on some roads.

Play Patterns

Recurring sequences or behaviors in gameplay or in the interaction with toys and games, reflecting ways users engage with the content.