(英语)管理经济学+典型题练习.docxVIP

Chapter 9 课后练习：1、2、3、6、10 applied problem：2 The next 9 questions refer to the following: The price of capital (r) is $20. 1. What is the price of labor (w)? a. $20 b. $30 c. $25 d. $35 e. none of the above 2. What combination of labor (L) and capital (K) can produce 5,000 units of output at lowest cost? a. 90K, 60L b. 110K, 10L c. 42K, 52L d. 60K, 20L e. 10K, 110L 3. What is the lowest possible cost of producing 5,000 units of output? a. $1,800 b. $2,400 c. $2,600 d. $1,400 e. $3,000 4. At the optimal combination of inputs for producing 14,000 units of output, what is the marginal rate of technical substitution? 2.5 0.67 1.5 0.80 impossible to tell from the graph 5. If, at the optimal combination of inputs for producing 14,000 units of output, the marginal product of capital is 40, what is the marginal product of labor? a. 60 b. 40 c. 27.67 d. 80 e. impossible to tell from the graph 6. A publishing house is using 400 printers and 200 printing presses to produce books. The printers wage rate is $20 and the price of a printing press is $100. The last printer added 20 books to total output, while the last printing press added 50 books to total output. The publishing house a. is using the cost?minimizing combination of printers and printing presses. b. should use more printers because they are cheaper than printing presses. c. should use more printing presses because they are more productive than printers. could produce the same number of books at a lower cost by using more printing presses and fewer printers. could produce the same number of books at a lower cost by using more printers and fewer printing presses. 7. A sofa manufacturer currently is using 50 workers and 30 machines to produce 5,000 sofas a day. The wage rate is $200 and the rental rate for a machine is $1,000. At these input levels, another worker adds 200 sofas, while another machine adds 200 sofas. If the firm uses 49 workers and 31 machines instead, then its a. cost will be unchanged, a