In the above figure, the maximum number of units that 4 workers ...

[daltonest1984]

In the above figure, the maximum number of units that 4 workers can produce is
 
  A) 5 units.
  B) 10 units.
  C) 15 units.
  D) more than 15 units.

Question 2

Which of the following statements is TRUE?
 
  I. A firm that is not economically efficient does not maximize profit.
  II. Economic efficiency depends on the relative costs of resources.
  III. A technological efficient firm is also economically efficient.
  A) I only
  B) II only
  C) II and III
  D) I and II

[aloop]

Answer to Question 1

C

Answer to Question 2

D

[daltonest1984]

Thanks for the timely response, appreciate it

[coreycathey]

Gracias!