Refer to the following:
The price of labor is $15 per unit.
-The minimum cost of producing 1,000 units of output is:
A) $ 150
B) $ 450
C) $ 600
D) $1,800
E) none of the above

Question

Refer to the following:
  The price of labor is $15 per unit.
-The minimum cost of producing 1,000 units of output is:
A) $ 150 
B) $ 450 
C) $ 600 
D) $1,800 
E) none of the above

Quizplus · Accepted Answer

The minimum cost of producing 1,000 units of output is not provided in the given options, as the correct cost would depend on specific production cost details not included in the question.

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