Question: PLS QUICK - I HAVE 14 MIN If technology A is used, 2 units of capital(K) and 10 units of labor(L) are required. If technology

PLS QUICK - I HAVE 14 MIN

If technology A is used, 2 units of capital(K) and 10 units of labor(L) are required. If technology B is used, 3 units of capital(K) and 6 units of labor(L) are required. If technology C is used, 4 units of capital(K) and 4 units of labor(L) are required. If technology D is used, 6 units of capital(K) and 3 units of labor are required. If technology E is used, 10 units of capital(K) and 2 units of labor are required. If the price of one capital is 3 and the price of one labor is 1 then the optimal or best technology is

Select one:

a. technology E

b. technology D

c. technology B

d. technology C

e. technology A

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