Recall That Touchie McFeelie's Production Function for Comics Books Is

question 1

Multiple Choice

Recall that Touchie McFeelie's production function for comics books is 0.1J^1/2 L^3/4 Suppose that Touchie can vary both jokes and cartoonists' labor.If old jokes cost $3 each and cartoonists' labor costs $9 per hour, then the cheapest way to produce comics books requires using jokes and labor in the ratio

• A)J/L = 1.
• B)J/L = 3.
• C)J/L = 4.
• D)J/L = 2/3.
• E)J/L = 2.

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Definitions:

Engaged

Being actively involved or committed to a particular activity, cause, or task.

Flow

The psychological state of being completely immersed and fully engaged in an activity, often leading to optimal performance and enjoyment.

Challenging

Describes something that is demanding and tests one's abilities, often in a way that is stimulating or rewarding.

Gratitude

A feeling of thankfulness and appreciation, often in response to receiving help or kindness from others.