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    Economics Study Set 1
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    Exam 8: Producers in the Long Run
  5. Question
    Refer to Figure 8-6
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Refer to Figure 8-6

Question 123

Question 123

Multiple Choice

Refer to Figure 8-6.Suppose this firm is producing 4000 golf tees with 10 units of capital and 25 units of labour (point


A) 2.5.
B) 0.4.
C) 100.
D) 40.
E) 0.025.

Correct Answer:

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