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1. In order to manufacture 1000 pairs of shoes in a week, a firm must use at least 1500 workers and 5 machines or 100 machines and 150 workers. Which...
1. In order to manufacture 1000 pairs of shoes in a week, a firm must use at least 1500 workers and 5 machines or 100 machines and 150 workers. Which method is technically efficient? A) 1500 workers and 5 machines. C) both are technically efficient. B) 150 workers and 100 machines. D) neither is technically efficient. 2. In order to manufacture 1000 pairs of shoes in a week, a firm can use 1500 workers and 50 machines or 100 machines and 2000 workers. Which method is more likely to be technically efficient? A) 1500 workers and 50 machines. C) Both are equally efficient. B) 2000 workers and 100 machines. D) Neither could be considered efficient. Which of the following statements is true?
