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Author Question: The table above shows four methods for producing 10 computer desks a day. If the cost of a worker is ... (Read 10 times)

Kthamas

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on: Jun 29, 2018
The table above shows four methods for producing 10 computer desks a day. If the cost of a worker is 100 a day and the cost of capital is 100 a day, the method that is economically efficient is ________.
 
  A) C
  B) B
  C) B, C, or D
  D) A

Question 2

We measure the marginal ________ of a good by what a ________ for another unit of the good.
 
  A) benefit; person must pay
  B) cost; person is willing to pay
  C) benefit; person is willing to pay
  D) cost; person's preferences are


jazzlynnnnn

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


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