A firm can use 50 workers and 10 machines 70 workers and 9 .pdf

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A firm can use 50 workers and 10 machines, 70 workers and 9 machines, or 75 wotkers and 9 machines to produce 40 chairs. If each worker costs $20 and each machine is rented for $500, the economically efficient input combination is: Select one: a. 75 workers and 9 machines. b. None of these input combinations would be efficient. c. 50 workers and 10 machines. d. 70 workers and 9 machines..

A firm can use 50 workers and 10 machines, 70 workers and 9 machines, or 75 wotkers and 9
machines to produce 40 chairs. If each worker costs $20 and each machine is rented for $500, the
economically efficient input combination is: Select one: a. 75 workers and 9 machines. b. None of
these input combinations would be efficient. c. 50 workers and 10 machines. d. 70 workers and 9
machines.

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