The table above shows four methods for producing 10 computer desks a day. If the cost of a worker is $50 a day and the cost of capital is $150 a day, ________ economically efficient

A) method A is
B) method B is
C) method D is
D) method A or C is

C

Economics

You might also like to view...

Which of the following is not considered part of government spending?

A) a military jet purchased by the federal government B) a nature preserve purchased by a state government C) social security payments to retirees D) teachers' salaries paid by a local government

Economics

Historical note: When DuPont was charged with monopoly control of the cellophane market, it responded by arguing that the relevant market was flexible wrapping materials and that they had no monopoly control of that market. That argument

a. won the day so that it was found not guilty of monopolizing its market b. was rejected by the Supreme Court and DuPont paid triple damages to its cellophane competitors c. was rejected by the court system and DuPont was ordered to sell off 50 percent of its cellophane production facilities d. never made it to the appeals court because DuPont settled out of court which is why they are not in the cellophane market today e. was rejected because, upon inspection, it controlled 90 percent of flexible wrapping materials as well

Economics