Refer to the Following Graph

question 18

Multiple Choice

Refer to the following graph.The price of capital r) is $20. If,at the optimal combination of inputs for producing 14,000 units of output,the marginal product of capital is 40,what is the marginal product of labor?

• A)60
• B)40
• C)27.7
• D)80
• E)impossible to tell from the graph

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Definitions:

Allison Software

Allison Software may pertain to proprietary software developed by Allison Transmission, used for diagnostics, transmission management, or updates in vehicles equipped with Allison transmissions.

Prognostics

The science of analyzing component and system life cycles and intervening to repair or replace components before they fail. Developed by the U.S. military, prognostic algorithms are now being applied to maintenance strategy in the trucking field.

Transmission Problem

Issues or malfunctions within the transmission system of a vehicle, affecting the transfer of power from the engine to the drive axle.

Variable Bleed

A feature in hydraulic or pneumatic systems allowing adjustable escape or release of fluid to control system pressure or response dynamically.