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Use the Table Below to Answer the Following Questions

Question 10

Multiple Choice

Use the table below to answer the following questions.
Table 10.2.1
Use the table below to answer the following questions. Table 10.2.1 -Refer to Table 10.2.1. If the price of labour is $10 per unit and the price of capital is $20 per unit, which method is economically efficient? A) 1 only B) 2 only C) 3 only D) all of the above E) 1 and 3 only
-Refer to Table 10.2.1. If the price of labour is $10 per unit and the price of capital is $20 per unit, which method is economically efficient?


A) 1 only
B) 2 only
C) 3 only
D) all of the above
E) 1 and 3 only

Correct Answer:

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