Multiple Choice
Refer to the diagram. For output level Q, per unit costs of B are
A) unattainable and imply the inefficient use of resources.
B) unattainable, given resource prices and the current state of technology.
C) attainable but imply the inefficient use of resources.
D) attainable and imply least-cost production of this level of output.
Correct Answer:
Verified
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