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The Following Table Illustrates Alternative Production Techniques for Producing 18

Question 111

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The following table illustrates alternative production techniques for producing 18 widgets that can be sold for $1 each for a total revenue of $18. The following table illustrates alternative production techniques for producing 18 widgets that can be sold for $1 each for a total revenue of $18.   Refer to the above table. If the price per unit of labor were to increase from $2 to $3, the most efficient production technique would then be: A)  A B)  B C)  C D)  D Refer to the above table. If the price per unit of labor were to increase from $2 to $3, the most efficient production technique would then be:


A) A
B) B
C) C
D) D

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