Refer to the Graph Shown

question 84

Multiple Choice

Refer to the graph shown. The cheapest way to produce 1,000 units of output is with:

• A)12 units of capital and no workers.
• B)5 workers and no capital.
• C)2 workers and 7.2 units of capital.
• D)4 workers and 2.4 units of capital.

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Definitions:

Liability

A financial obligation or amount owed by a company to external parties or creditors, which must be settled through the transfer of assets or services.

Common Stock

A form of corporate equity ownership, a type of security representing ownership in a corporation.

Financing Activity

Transactions involving the exchange of financial instruments, typically related to the borrowing, repaying, or raising of capital for a company.

Cash Inflow

The total amount of money being transferred into a business, typically from operational, investment, and financing activities.