Suppose MPL = 40 and MPK = 20 and the Rental

question 4

Multiple Choice

Suppose MPL = 40 and MPK = 20 and the rental rate on capital is $10. If the level of production is currently efficient,the wage rate must be

• A)$10
• B)$5
• C)$20
• D)$40

---

Definitions:

Crisis Intervention

Immediate and short-term psychological support provided to individuals facing a life crisis, aiming to restore balance and reduce distress.

Suicide Prevention

Efforts and interventions aimed at reducing the risk of suicide and its impact on individuals and communities.

Spiritual Consolation

A feeling of comfort, solace, or encouragement that is derived from spiritual or religious beliefs, often in times of distress or sorrow.

Accommodation Stage

The accommodation stage refers to a period of adjustment in cognitive development, as described by Jean Piaget, where new information or experiences cause a reorganization of mental structures.