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-Table 7-4 Shows a Production Relationship

Question 207

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-Table 7-4 shows a production relationship.The cost of one day of labor is $65 and the product price is $1 per unit.How much will the labor input increase if the capital stock were increased from 3 to 4? A) from 3 to 4  B) from 4 to 5  C) from 4 to 6  D) stays the same
-Table 7-4 shows a production relationship.The cost of one day of labor is $65 and the product price is $1 per unit.How much will the labor input increase if the capital stock were increased from 3 to 4?


A) from 3 to 4 
B) from 4 to 5 
C) from 4 to 6 
D) stays the same

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