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TABLE 8-1 -Refer to Table 8-1.If the Price of Both Labour and of Both

Question 105

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TABLE 8-1
TABLE 8-1 -Refer to Table 8-1.If the price of both labour and 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.
-Refer to Table 8-1.If the price of both labour and 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.

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