FIGURE 8-4 -Refer to Figure 8-4,with the Isoquants and Isocost Line as Line

question 38

Multiple Choice

FIGURE 8-4
-Refer to Figure 8-4,with the isoquants and isocost line as shown.A firm that is producing at point A can reduce its costs for producing 1000 units by employing

• A)less capital and less labour.
• B)more capital and less labour.
• C)less capital and more labour.
• D)more capital and more labour.
• E)less capital and the same labour.

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