Solved

To Produce One Unit of Output, a Firm Can Use

Question 39

Multiple Choice

To produce one unit of output, a firm can use either one unit of capital or one unit of labor. In this case, capital and labor are


A) complementary inputs.
B) substitutable inputs.
C) both complementary and substitutable inputs.
D) unrelated inputs.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions