Multiple Choice
A firm can use 50 workers and 10 machines, 70 workers and 9 machines, or 75 workers and 9 machines to produce 40 chairs. If each worker costs $20 and each machine is rented for $500, the economically efficient input combination is:
A) 50 workers and 10 machines.
B) 70 workers and 9 machines.
C) 75 workers and 9 machines.
D) 120 workers and 19 machines.
Correct Answer:

Verified
Correct Answer:
Verified
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