Multiple Choice
Use the information provided in Table 7.1 below to answer the question(s) that follow.
Inputs Required to Produce a Product Using Alternative Technologies
Table 7.1
-Refer to Table 7.1. If the hourly wage rate is $10 and the hourly price of capital is $25, which production technology should be selected?
A) A
B) B
C) C
D) D
Correct Answer:

Verified
Correct Answer:
Verified
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