Table 7-4 Table 7-4 Shows a Production Relationship

Multiple Choice

Table 7-4 Table 7-4 shows a production relationship. Assuming the labor input is fixed at 4, what will be the optimum capital input assuming an output price of $1 and a $90-per-day cost for one unit of capital?

A) 1
B) 2
C) 3
D) 4