The following question are based on the following table, which illustrates for a given level of wheat production the ratio of marginal products for different combinations of land and labor:

-If the price of land falls to $4 per unit and the firm wishes to hold output constant,it should choose combination
A) 1.
B) 2.
C) 3.
D) 4.
E) 5.

Question

The following question are based on the following table, which illustrates for a given level of wheat production the ratio of marginal products for different combinations of land and labor:
 
-If the price of land falls to $4 per unit and the firm wishes to hold output constant,it should choose combination
A) 1. 
B) 2. 
C) 3. 
D) 4. 
E) 5.

Quizplus · Accepted Answer

The Answer of The following question are based on the following table, which illustrates for a given level of wheat production the ratio of marginal products for different combinations of land and labor:
 
-If the price of land falls to $4 per unit and the firm wishes to hold output constant,it should choose combination
A) 1. 
B) 2. 
C) 3. 
D) 4. 
E) 5.

The Following Question Are Based on the Following Table, Which