The following figure shows two isocost lines ( and ) and two isoquants for the production of 200 and 350 tons of corn.The axes show the quantities of the two types of fertilizers used in corn production.
-Refer to Figure .Identify the least-cost combinations of fertilizers A and B for producing 200 tons of corn.
A) 30 units of fertilizer A and 7 units of fertilizer B
B) 7 units of fertilizer A and 30 units of fertilizer B
C) 19 units of fertilizer A and19.3 units of fertilizer B
D) 12 units of fertilizer A and 12 units of fertilizer B
Correct Answer:
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