Answer the Question on the Basis of the Following Information $\quad$

question 49

Multiple Choice

Answer the question on the basis of the following information: Suppose 30 units of product A can be produced by employing just labor and capital in the four ways shown below.Assume the prices of labor and capital are $2 and $3 respectively. $\quad$$\quad$$\quad$$\quad$$\underline{\text { Production Techniques: }}$
$\begin{array}{c}\begin{array}{lll}\\\text { Labor}\\\text { Capital} \end{array}\begin{array}{c}1\\\hline 4 \\2\end{array}\begin{array}{c}II \\\hline 3 \\3 \end{array}\begin{array}{c}III\\\hline2 \\5\end{array}\begin{array}{c} IV \\\hline 5 \\1 \end{array} \end{array}$
Refer to the information.If the price of product A is $0.50,the firm will realize:

• A) an economic profit of $4.
• B) an economic profit of $2.
• C) an economic profit of $6.
• D) a loss of $3.

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Definitions:

REM Sleep

A stage of sleep characterized by rapid eye movements, more dreaming, and bodily movement; important for learning and memory consolidation.

Pons

The pons is a part of the brain located in the brainstem, playing a crucial role in controlling breathing, communication between different parts of the brain, and sensations such as hearing, taste, and balance.

Midbrain

The middle portion of the brainstem, involved in functions such as vision, hearing, motor control, and sleep/wake cycles.

Cranial Nerves

Twelve pairs of nerves that emerge directly from the brain, not the spinal cord, and pass through various foramina of the skull to innervate the head, neck, and visceral organs directly.