Using the data in the above table, if the price of an hour of ...

[kellyjaisingh]

Using the data in the above table, if the price of an hour of labor is 20 and the price of a unit of capital is 10, then the most economically efficient technique for producing 100 sweaters is
 
  A) A.
  B) B.
  C) C.
  D) D.

Question 2

Tonya, who is rich, and Jerome, who is poorer, both buy orange juice and croissants for lunch at the student cafeteria. Their budget constraints on a diagram with orange juice on the vertical axis and croissants on the horizontal have the same
 
  A) horizontal intercepts.
  B) vertical intercepts.
  C) slopes.
  D) midpoints.

[zacnyjessica]

Answer to Question 1

A

Answer to Question 2

C

[kellyjaisingh]

Wow, this really help

[LVPMS]

Thanks for the timely response, appreciate it