Refer to the Information Provided in Table 19 -Refer to Table 19

question 130

Multiple Choice

Refer to the information provided in Table 19.5 below to answer the questions that follow.
Capital and labor each cost $1 per unit. The firm produces 1,000 units of output.
Table 19.5
$$\begin{array} { | c | c c | } & \begin{array} { c } \text { Input } \\\text { Requirements } \\\text { per unit of } \\\text { Output }\end{array} \\\text { Technology } & K& L \\\hline \text { A } & 5 & 2 \\\hline \text { B } & 3 & 5 \\\hline\end{array}$$
-Refer to Table 19.5. Given the input prices, which technology will the firm use?

• A) Technology A
• B) Technology B
• C) Either technology A or B-the firm is indifferent between the two.
• D) The answer is impossible to determine with the given information.

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Definitions:

Audible Sound Spectrum

The range of sound frequencies that can be heard by the human ear, typically from 20 Hz to 20,000 Hz.

Shape Constancy

A perceptual phenomenon where an object is perceived as maintaining its shape despite changes in the angle or distance from which it is viewed.

Retinal Image

The image projected onto the retina of the eye, where it is converted into neural signals sent to the brain for visual recognition.

Color Deficiency

A condition where an individual's perception of colors is different from what is considered normal, often referred to as color blindness.