Question: 18 The table below contains information on three techniques for producing $15 worth of bar soap Assume that we specified 515 worth of bar soap
18 The table below contains information on three techniques for producing $15 worth of bar soap Assume that we specified 515 worth of bar soap" because soap costs $3 per bar and all three techniques produce 5 bars of soap ($15 = $3 per bor 5 bars). So you know each technique produces 5 bars of soap 1 point Resource Labor Land Capital Entrepreneurial bly Total cost of $15 worth of bar soap Price per Unit 32 1 3 3 Units of Resource Technique Technique Technique Technique Technique Technique 1 Units 1 Cost 2 Units 2 Cost 3 Units 3 Cost 4 58 2 34 1 52 1 1 3 3 4 4 1 3 1 3 2 6 1 3 1 3 1 3 $15 313 $15 a. What technique will you want to use if the price of a bar of soap falls to $2.757 Technique 1 0
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