27 In order to manufacture 3000 pairs of shoes in a week a firm can use 3000 workers and 100 mach

27 In order to manufacture 3,000 pairs of shoes in a week, a firm can use 3,000 workers and 100 machines or 200 machines and 4,000 workers Which method is considered more technically efficient?

a 4,000 workers and 200 machines

b Both are equally efficient

c 3,000 workers and 100 machines

d Neither could be considered efficient

33

A manufacturing business can use 100 workers and 20 machines, 140 workers and 18 machines, or 150 workers and 18 machines to produce 80 chairs If each worker costs $40 and each machine is rented for $1000, the economically efficient input combination is:

a 100 workers and 20 machines

b 150 workers and 18 machines

c none of these input combinations

d 140 workers and 18 machines

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