If two grade-school children willingly trade their lunches with one another, we can conclude that at least one of them preferred the other's lunch to his own.
Indicate whether the statement is true or false
Question 2
Suppose the short-run production function is q = L0.5. If the marginal cost of producing the tenth unit is 5, what is the wage per unit of labor?
A) 1
B) 0.5
C) 0.25
D) It cannot be determined without more information.