-Refer to the Table Above

question 52

Multiple Choice

-Refer to the table above. If A = 5, B = 7.5, and C = 10, which of the following is true?

• A)The firm should buy more of Input 1 and less of Inputs 2 and 3.
• B)The firm should buy more of Input 2 and less of Inputs 1 and 3.
• C)The firm should buy more of Input 3 and less of Inputs 1 and 2.
• D)The firm is minimizing costs.

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