Use the following table to answer the question below: The amount of total output produced from various combinations of labor and capital. $$\begin{array}{l}
\quad\quad\quad\quad\quad\quad\text { Units of Capital }\
\begin{array} { c c c c c c }
& & 1 & 2 & 3 & 4 \
& 1 & 20 & 36 & 48 & 53 \
\text { Units } & 2 & 38 & 68 & 88 & 94 \
\text { of } & 3 & 53 & 94 & 122 & 133 \
\text { Iabar } & 4 & 63 & 112 & 148 & 164 \
& 5 & 68 & 120 & 164 & 184
\end{array}
\end{array}$$ Which of the following input combinations can produce the same level of output?
A)4K,2L and 3K,2L
B)3K,2L and 2K,3L
C)2K,3L and 4K,2L
D)all of the above

Question

Use the following table to answer the question below: The amount of total output produced from various combinations of labor and capital. $$\begin{array}{l}
\quad\quad\quad\quad\quad\quad\text { Units of Capital }\
\begin{array} { c c c c c c } 
& & 1 & 2 & 3 & 4 \
 & 1 & 20 & 36 & 48 & 53 \
\text { Units } & 2 & 38 & 68 & 88 & 94 \
\text { of } & 3 & 53 & 94 & 122 & 133 \
\text { Iabar } & 4 & 63 & 112 & 148 & 164 \
& 5 & 68 & 120 & 164 & 184
\end{array}
\end{array}$$ Which of the following input combinations can produce the same level of output?
A)4K,2L and 3K,2L
B)3K,2L and 2K,3L
C)2K,3L and 4K,2L
D)all of the above

Quizplus · Accepted Answer

Looking at the table, we can see that 2K, 3L produces an output of 94, and so does 4K, 2L. Therefore, these two input combinations can produce the same level of output. Option A is incorrect as it shows two different combination of 4K,2L and 3K,2L with different outputs. Option B is incorrect as it shows two different combination of 2K,3L and 3K,2L with different outputs. Therefore, only option C is correct as it shows two different combination of 2K,3L and 4K,2L with the same outputs.

Use the Following Table to Answer the Question Below: the Amount