TABLE 8-1 -Refer to Table 8-1.If the Price of Labour Is $5

Multiple Choice

TABLE 8-1

-Refer to Table 8-1.If the price of labour is $5 and the price of capital is $10,which production technique minimizes the costs of producing 1000 units of output?

A) A
B) B
C) C
D) D
E) Any of the techniques have the same cost.