Use the Table Below to Answer the Following Questions

question 104

Multiple Choice

Use the table below to answer the following questions.
Table 10.2.2
Three methods of making one medical hologram

-Refer to Table 10.2.2. If the price of labour is $20 per unit and the price of capital is $10 per unit, which method is economically efficient?

• A)1 only
• B)2 only
• C)3 only
• D)2 and 3 only
• E)1 and 3 only

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Definitions:

Significant Influence

The power to participate in the financial and operating policy decisions of an investee but not control those policies.

Inventories

The complete list of items such as property, goods in stock, or the contents of a building, often held for sale in the regular course of a business.

Profit After Tax

The net income remaining after all taxes have been deducted from total revenue.

Unrealised Profit

Profit that has been made on paper through an investment but has not yet been cashed in by selling the asset.