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