In the following graph,the price of capital is $100 per unit; the price of labor is $25 per unit.When output is 20 units,what is AVERAGE cost?
A)$350
B)$700
C)$3,500
D)$7,000
E)none of the above

Question

In the following graph,the price of capital is $100 per unit; the price of labor is $25 per unit.When output is 20 units,what is AVERAGE cost? 
A)$350 
B)$700 
C)$3,500 
D)$7,000 
E)none of the above

Quizplus · Accepted Answer

The Answer of In the following graph,the price of capital is $100 per unit; the price of labor is $25 per unit.When output is 20 units,what is AVERAGE cost? 
A)$350 
B)$700 
C)$3,500 
D)$7,000 
E)none of the above

In the Following Graph,the Price of Capital Is $100 Per