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Refer to the Following Graph

Question 42

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Refer to the following graph.The price of capital r) is $20. Refer to the following graph.The price of capital r) is $20. What combination of labor L) and capital K) can produce 5,000 units of output at lowest cost? A) 90K,60L B) 110K,10L C) 42K,52L D) 60K,20L E) 10K,110L What combination of labor L) and capital K) can produce 5,000 units of output at lowest cost?


A) 90K,60L
B) 110K,10L
C) 42K,52L
D) 60K,20L
E) 10K,110L

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