Author Question: In the table above, if a unit of capital is 50 per day and an hour of labor is 15 per day, which ... (Read 59 times)

CQXA · **on:** Jun 29, 2018

In the table above, if a unit of capital is 50 per day and an hour of labor is 15 per day, which method is economically efficient?

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

Question 2

Underproduction of good ________ create a deadweight loss and overproduction of a good ________ create a deadweight loss.

A) will; will
B) will; will not
C) will not; will
D) will not; will not