Table 7-4
?
6
346
490
600
692
775
846
?
5
316
448
548
632
705
775
?
4
282
400
490
564
632
692
CAPITAL
3
245
346
423
490
548
600
?
2
200
282
346
400
448
490
?
1
141
200
245
282
316
346
?
0
1
2
3
4
5
6
?
LABOR
?
?
?
?
?



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


Answer: C

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