Assume that in Table 30.5 the cost of labor is $4 per unit and the cost of capital is $6 per unit. In Table 30.5, what is the cost efficiency of the second unit of labor?
A) 64 units per $1 of cost.
B) 16 units per $1 of cost.
C) 26 units per $1 of cost.
D) 4 units per $1 of cost.

Question

Assume that in Table 30.5 the cost of labor is $4 per unit and the cost of capital is $6 per unit. In Table 30.5, what is the cost efficiency of the second unit of labor?
A) 64 units per $1 of cost. 
B) 16 units per $1 of cost. 
C) 26 units per $1 of cost. 
D) 4 units per $1 of cost.

Quizplus · Accepted Answer

The Answer of  Assume that in Table 30.5 the cost of labor is $4 per unit and the cost of capital is $6 per unit. In Table 30.5, what is the cost efficiency of the second unit of labor?
A) 64 units per $1 of cost. 
B) 16 units per $1 of cost. 
C) 26 units per $1 of cost. 
D) 4 units per $1 of cost.

Assume That in Table 30