Multiple Choice
Figure 7.14
-Refer to Figure 7.14.What is the combination of inputs that produces 200 gooseberry pies at the lowest cost?
A) Combination e: 10 hours of labour and 48 units of capital
B) Combination f: 40 hours of labour and 24 units of capital
C) Combination g: 60 hours of labour and 14 units of capital
D) Combination h: 60 hours of labour and 9 units of capital
Correct Answer:
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