Suppose That at a Point on an Isoquant,the Following Information

question 88

Multiple Choice

Suppose that at a point on an isoquant,the following information is true: MP_L = 3 and MP_K = 2.Then if K falls by 5,L must increase by:

• A)0.30.
• B)0.67.
• C)3.33.
• D)1.50.

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Definitions:

Olfactory Organ

The part of the body's anatomy responsible for detecting smells, primarily the nose and its related structures.

Sense

A faculty by which the body perceives an external stimulus, such as sight, sound, touch, taste, or smell.

Smell

A sensation or perception of odors or scents detected by the olfactory nerves in the nose, contributing to taste and the detection of hazards.

Malleus

The largest of the three bones of the middle ear, also called the hammer.