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

question 16

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 $18 per hour, then the cheapest way to produce comics books requires using jokes and labor in the ratio

• A)J/L = 6.
• B)J/L = 8.
• C)J/L = 2.
• D)J/L = 2/3.
• E)J/L = 4.

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Definitions:

Paranoia

A mental condition characterized by delusions of persecution, unwarranted jealousy, or exaggerated self-importance, often baselessly distrusting others.

Neuroticism

A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

Extroversion

A personality trait characterized by sociability, talkativeness, assertiveness, and high levels of emotional expressiveness.

Openness

Openness, often referred to as openness to experience, is a personality trait characterized by a willingness to try new things, be creative, and think about abstract concepts.