A publishing house is using 400 printers and 200 printing presses to produce books. The printers' wage rate is $20 and the price of a printing press is $100. The last printer added 20 books to total output, while the last press added 50 books to total output. In order to maximize the number of books published with a budget of $28,000, the publishing house

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should use more presses and fewer printers because the last dollar spent on a press yielded more output than the last dollar spent on a printer.

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should use more presses and fewer printers because the marginal output of the last press was more than the marginal output of the last printer.

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should use more printers and fewer presses because the last dollar spent on a printer yielded more output than the last dollar spent on a press.

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should continue to use 400 printers and 200 presses.

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should use more printers and fewer presses because printers cost less than presses.

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A publishing house is using 400 printers and 200 printing presses to produce boo...

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