Assume That in Table 30

question 124

Multiple Choice

$$\begin{array}{l}\begin{array} { c c c c } \text { Output (units) } & \text { Labor (units) } & \text { Output (units) } & \text { Capital (units) } \\10 & 1 & 20 & 1 \\26 & 2 & 56 & 2 \\38 & 3 & 86 & 3\end{array}\\\text { Table 30.5 }\end{array}$$ Assume that in Table 30.5 the cost of labor is $4 per unit and the cost of capital is $6 per unit.In Table 30.5, what is the cost efficiency of the second unit of capital?

• A) 6 units per $1 of cost.
• B) 36 units per $1 of cost.
• C) 56 units per $1 of cost.
• D) 9.33 units per $1 of cost.

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Definitions:

Organization Policy

Guidelines, rules, and procedures established by an organization to regulate its operations and guide the behavior of its members.

Study Ethics

The examination of moral principles and issues arising in educational environments, focusing on fairness, honesty, and respect.

Virtue

A trait or quality deemed to be morally good and thus is valued as a foundation of good moral being.

Prudence

The practice of being careful, cautious, and wise in handling practical matters, considering the future consequences of actions.