Answer the Question on the Basis of the Following Data

question 45

Multiple Choice

Answer the question on the basis of the following data: $\begin{array}{cccccc}Quantity &MP of& MRP of &\text{Quantity of}& MP of &MRP of\\of Labor& Labor& Labor& Capital &Capital &Capital\\\hline1 & 15 & \$ 45 & 1 & 8 & \$ 24 \\2 & 12 & 36 & 2 & 6 & 18 \\3 & 9 & 27 & 3 & 5 & 15 \\4 & 6 & 18 & 4 & 4 & 12 \\5 & 3 & 9 & 5 & 3 & 9 \\6 & 1 & 3 & 6 & 2 & 6\end{array}$ Refer to the given data.If the prices of labor and capital are $9 and $15 respectively,and labor and capital are the only inputs,at the profit-maximizing level of output,the firm's total costs will be:

• A) $106.
• B) $126.
• C) $47.
• D) $90.

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Definitions:

Prozac

A brand name for fluoxetine, a selective serotonin reuptake inhibitor (SSRI) used to treat depression and anxiety disorders.

Selective Serotonin Reuptake Inhibitors

A class of drugs commonly used as antidepressants in the treatment of depression, anxiety disorders, and some personality disorders.

Fewer Side Effects

Refers to a condition or situation where there is a reduced number or severity of secondary, typically undesirable effects resulting from a treatment or intervention.

Antianxiety Drugs

Drugs used to treat and calm anxiety reactions, typically minor tranquilizers.