The table above shows techniques that can be used to produce 100 shirts. If the price of an hour of labor is $10 and the price of a unit of capital is $12, then the economically efficient technique is
A) W.
B) X.
C) Y.
D) Z.
B
Economics
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The table above shows the short-run product schedule for Virginia's Tee-Shirts. What is the marginal product associated with the hiring the fifth worker?
A) 30 shirts B) 50 shirts C) 235 shirts D) 250 shirts
Economics
Explain why high priced lawyers may support an industry ban on price advertising for lawyers
What will be an ideal response?
Economics