This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The table below shows the number of units of labour and capital used in 4 alternative production ... (Read 30 times)

danitzaidaly

  • Full Member
  • ***
  • Posts: 132
on: Oct 12, 2022
The table below shows the number of units of labour and capital used in 4 alternative production techniques for producing 1000 widgets per month.

TechniqueABCD
Labour25355030
Capital50352560

TABLE 8-1

Refer to Table 8-1. If the price of both labour and capital is $10, which production technique minimizes the costs of producing 1000 units of output?
◦ A
◦ B
◦ C
◦ D
◦ Any of the techniques have the same cost.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by danitzaidaly on Oct 12, 2022

dianagarcia

  • Full Member
  • ***
  • Posts: 189
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


danitzaidaly

  • Member
  • Posts: 132
Reply 2 on: Oct 12, 2022
Gracias!

dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Blank periodic table Blank periodic table
This January 1937 photo from Sneedville, Tennessee, shows Eunice Johns, age 9, and her husband, ... This January 1937 photo from Sneedville, Tennessee, shows Eunice Johns, age 9, and her husband, ...
Rapid growth in the use of alternative energy seems impressive Rapid growth in the use of alternative energy seems impressive
The Farm-to-Table Continuum The Farm-to-Table Continuum
Complete the following production chart and plot the points. Complete the following production chart and plot the points.
Create a map that integrates the following terms: alternative splicing, constitu Create a map that integrates the following terms: alternative splicing, constitu
Video: First Stage of Labor and Delivery Video

For a complete list of videos, visit our video library