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Author Question: The figure below shows the isocost lines and the isoquant map for a firm producing golf tees.FIGURE ... (Read 136 times)

shanell

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The figure below shows the isocost lines and the isoquant map for a firm producing golf tees.



FIGURE 8-5
Refer to Figure 8-5. The cost-minimizing factor combination for producing 2000 golf tees is


◦ 12 units of capital and 30 units of labour.
◦ 4 units of capital and 10 units of labour.
◦ 8 units of capital and 20 units of labour.
◦ 10 units of capital and 25 units of labour.
◦ 6 units of capital and 15 units of labour.


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Marked as best answer by shanell on Oct 12, 2022

MajorWaffle

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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.
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shanell

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)


Jossy

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Reply 3 on: Yesterday
Excellent

 

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