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1. The table below shows three possible combinations that use the least amount of resources needed to produce 35 tennis rackets. A unit of capital

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1. The table below shows three possible combinations that use the least amount of resources needed to produce 35 tennis rackets. A unit of capital costs $75 and a unit of labor costs $10. Combination Labor Capital A 5 50 B 10 40 C 12 42 a. Which combination(s) are technically efficient? Briefly explain your answer. b. Which combination(s) are economically efficient? Briefly explain your

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