Find the minimum cost of producing 60,000 units of a product , where x is the number of units of labor (at $80 per unit) and y is the number of units of capital (at $40 per unit). Round your answer to the nearest cent.
A) $190,278.22
B) $62,746.50
C) $37,020.43
D) $112,264.15
E) $55,724.88

Question

Find the minimum cost of producing 60,000 units of a product  , where x is the number of units of labor (at $80 per unit) and y is the number of units of capital (at $40 per unit). Round your answer to the nearest cent.
A) $190,278.22 
B) $62,746.50 
C) $37,020.43 
D) $112,264.15 
E) $55,724.88

Quizplus · Accepted Answer

The Answer of Find the minimum cost of producing 60,000 units of a product  , where x is the number of units of labor (at $80 per unit) and y is the number of units of capital (at $40 per unit). Round your answer to the nearest cent.
A) $190,278.22 
B) $62,746.50 
C) $37,020.43 
D) $112,264.15 
E) $55,724.88

Find the Minimum Cost of Producing 60,000 Units of a Product