FIGURE 8- 4

Multiple Choice

FIGURE 8- 4
-Refer to Figure 8- 4,with the isoquants and isocost line as shown.A firm that is producing at point C can reduce its costs for producing 1000 units by employing

A) less labour and the same capital.
B) less capital and more labour.
C) less capital and less labour.
D) more capital and more labour.
E) more capital and less labour.