-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

Question

-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

Quizplus · Accepted Answer

The Answer of 
-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