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Refer to Figure 8-6

Question 58

Multiple Choice

Refer to Figure 8-6.Suppose this firm is producing 3000 golf tees and is at point F on the isoquant map.Which of the following is true?


A) MPK/MPL is equal to PK/PL .
B) MPK/MPL is greater than 5/2.
C) MPL/MPK is greater than 5/2.
D) MPK/MPL is equal to 2/5.
E) MPK/MPL is equal to 5/2.

Correct Answer:

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