Multiple Choice

A textile firm can produce a standard batch of cloth using two different methods. Method X is energy-intensive, requiring 1 worker and 6 tons of coal. Method Y is labor-intensive, requiring 4 workers and 2 tons of coal. Initially, the wage for one worker is $20, and the price of one ton of coal is $10. Due to new regulations, the price of coal rises to $30 per ton, while the wage remains unchanged. Based on a total cost comparison, which statement correctly evaluates the impact of this price change?

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Updated 2025-07-26

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