$$\begin{array}{l}
\begin{array} { c c c c }
\text { Output (units) } & \text { Labor (units) } & \text { Output (units) } & \text { Capital (units) } \
10 & 1 & 20 & 1 \
26 & 2 & 56 & 2 \
38 & 3 & 86 & 3
\end{array}\
\text { Table 30.5 }
\end{array}$$ 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

$$\begin{array}{l}
\begin{array} { c c c c } 
\text { Output (units) } & \text { Labor (units) } & \text { Output (units) } & \text { Capital (units) } \
10 & 1 & 20 & 1 \
26 & 2 & 56 & 2 \
38 & 3 & 86 & 3
\end{array}\
\text { Table 30.5 }
\end{array}$$ 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 $$\begin{array}{l}
\begin{array} { c c c c } 
\text { Output (units) } & \text { Labor (units) } & \text { Output (units) } & \text { Capital (units) } \
10 & 1 & 20 & 1 \
26 & 2 & 56 & 2 \
38 & 3 & 86 & 3
\end{array}\
\text { Table 30.5 }
\end{array}$$ 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