If a firm is producing a given level of output in an technically-feasible manner, then it must be the case that... A. it is choosing the lowest-cost method of producing that output. B. The output level is greater than the input used. C. The input level is greater than output level. D. Both A and B
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Expert's answer
2021-11-02T10:22:03-0400
d. both a and c
a. this is the lowest cost method of producing that output
c. this output level is the most that can be produced with the given level of inputs
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