Business, 15.02.2020 02:29 kathleenirwin
The most efficient combination of resources in producing a given output is the combination that:
a) comes closest to using the same quantities of land, labor, capital, and entrepreneurial ability.
b) minimize the cost per unit of output.
c) uses the smallest total quantity of all resources.
d) conserves most on the use of labor.
Answers: 2
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