Question

Use the following table to answer the next question. The amount of total production produced from...

Use the following table to answer the next question. The amount of total production produced from various hand combinations of work and capital are the following:

Units

of

labor

Units of capital

1

2

3

4

1

20

36

48

53

2

38

68

88

94

3

53

94

122

133

4

63

112

148

164

5

68

120

164

184

Which of the following input combinations can produce the same level of output? SHOW ALL YOUR COMPUTATIONS

a. 4K, 2L and 3K, 2L

b. 3K, 2L and 2K, 3L

c. 2K, 3L and 4K, 2L

d. all of the above

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