The Production Function Is Given by F(L)=6L^2/3

question 7

Multiple Choice

the production function is given by F(L) =6L^2/3.Suppose that the cost per unit of labor is $16 and the price of output is 16, how many units of labor will the firm hire?

• A)32
• B)64
• C)192
• D)128
• E)None of the above.

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Definitions:

Synaptic Pruning

A natural process of brain development in which extra neurons and synaptic connections are eliminated to increase the efficiency of neuronal transmissions.

Synaptogenesis

The process of forming synapses between neurons in the nervous system, crucial for brain development and plasticity.

Myelination

The biological process of forming a myelin sheath around the nerves in the brain and spinal cord, which improves the speed and efficiency of electrical signal transmission.

Habituate

The process of becoming accustomed to a stimulus or environment through repeated exposure, leading to a decrease in response.