Examlex

Solved

Suppose That in the Short Run, the Firm Which Has

question 13

Multiple Choice

Suppose that in the short run, the firm which has production function F(L, M) = 4L1/2M1/2 must use 9 machines.If the cost of labor is $5 per unit and the cost of machines is $6 per unit, the short-run total cost of producing 84 units of output is


Definitions:

Hostile Climate

An environment characterized by unfriendly, adverse, or unwelcoming attitudes, often targeting specific groups.

Sexist Remark

A derogatory or disrespectful comment that discriminates or stereotypically categorizes someone based on their gender.

Sexist Behavior

Actions or attitudes that perpetuate stereotypes or bias based on gender, often disadvantaging women.

Achievement Motivation

A psychological concept that refers to an individual's desire to accomplish goals and excel in tasks.

Related Questions