Rob changes his car every year and prefers a car that is always under warranty. which option will suit him best? . select one of the options below as your . . a.. buying a car on a loan. . . b.. leasing a car for a certain period. . . c.. renting a car from day to day.

Suppose the production function in an economy is y = k0.5l0.5, where k is the amount of capital and l is the amount of labor. the economy begins with 64 units of capital and 16 units of labor. use a calculator and equations in the chapter to find a numerical answer to each of the following questions. what are the wage and the rental price of capital? the wage is equal to unit(s) of output and the rental price of capital is equal to unit(s) of output.