Using the following information, $\begin{array} { | l | l | l | l | }
\hline \text { Method } & \text { Labour } & \text { Capital } & \text { Output } \
\hline \text { A } & 3 \text { units } & 1 \text { unit } & 5 \text { units } \
\hline \text { B } & 4 \text { units } & 1 \text { unit } & 5 \text { units } \
\hline \text { C } & 2 \text { units } & 2 \text { units } & 5 \text { units } \
\hline
\end{array}$ a) which method is more efficient, Method A or Method B?
b) which method is more efficient, Method A or Method C?

Question

Using the following information, $\begin{array} { | l | l | l | l | } 
\hline \text { Method } & \text { Labour } & \text { Capital } & \text { Output } \
\hline \text { A } & 3 \text { units } & 1 \text { unit } & 5 \text { units } \
\hline \text { B } & 4 \text { units } & 1 \text { unit } & 5 \text { units } \
\hline \text { C } & 2 \text { units } & 2 \text { units } & 5 \text { units } \
\hline
\end{array}$ a) which method is more efficient, Method A or Method B?
b) which method is more efficient, Method A or Method C?

Quizplus · Accepted Answer

The Answer of Using the following information, $\begin{array} { | l | l | l | l | } 
\hline \text { Method } & \text { Labour } & \text { Capital } & \text { Output } \
\hline \text { A } & 3 \text { units } & 1 \text { unit } & 5 \text { units } \
\hline \text { B } & 4 \text { units } & 1 \text { unit } & 5 \text { units } \
\hline \text { C } & 2 \text { units } & 2 \text { units } & 5 \text { units } \
\hline
\end{array}$ a) which method is more efficient, Method A or Method B?
b) which method is more efficient, Method A or Method C?

Using the Following Information A) Which Method Is More Efficient, Method a or Method