If Option a Costs $40 and Yields 20 Units of Output,and

question 65

Multiple Choice

If Option A costs $40 and yields 20 units of output,and Option B costs $50 and yields 20 units of output,

• A) Option B and Option A are equally economically efficient.
• B) Option B is economically efficient relative to Option A.
• C) Option A is economically efficient relative to Option B.
• D) It is not possible to determine which option is more economically efficient.

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