Refer to the graph shown. The cheapest way to produce 1,000 units of output is with:
A) 12 units of capital and no workers.
B) 5 workers and no capital.
C) 2 workers and 7.2 units of capital.
D) 4 workers and 2.4 units of capital.

Question

Refer to the graph shown. The cheapest way to produce 1,000 units of output is with: 
A) 12 units of capital and no workers. 
B) 5 workers and no capital. 
C) 2 workers and 7.2 units of capital. 
D) 4 workers and 2.4 units of capital.

Quizplus · Accepted Answer

The Answer of Refer to the graph shown. The cheapest way to produce 1,000 units of output is with: 
A) 12 units of capital and no workers. 
B) 5 workers and no capital. 
C) 2 workers and 7.2 units of capital. 
D) 4 workers and 2.4 units of capital.

Refer to the Graph Shown