Multiple Choice
Figure 11-12
-Refer to Figure 11-12.Which of the following statements about the input combinations shown in the diagram is false?
A) The firm produces a higher output level when it uses input combination b compared to input combination a.
B) The firm produces a lower output level when it uses input combination d compared to input combination a.
C) The firm produces the same output level when it uses input combination a or c.
D) The firm incurs the same total cost when it uses input combination a or c to produce a given quantity of output.
Correct Answer:
Verified
Correct Answer:
Verified
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