Multiple Choice
Use the following to answer questions :
Table 7A-1
-For Table 7A-1, if the price of labor = $3 and the price of land = $4, what is the least-cost factor combination of production?
A) A
B) B
C) C
D) D
E) Both B and C, which are the same.
Correct Answer:

Verified
Correct Answer:
Verified
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