Listed below are four possible input combinations for producing 2,000 units of a men€™s watch. Two of the input combinations are technically efficient.

Required:
1. Identify the technically efficient input combinations. Explain your choices.
2. Which of the two technically efficient input combinations should be used?Explain.

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Materials Labor Energy Unit input prices $8 $10 $2 Input combinations: 150 110 92 100 200 180 190 192 600 540 570 720