Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
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