Question

Use the table below to answer the following question Table 10.2.2 Three methods of making one medical hologram Method Labour Capital 10 10 15 5 15 5 34) 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