Refer to the following figure.The price of capital is $50 per unit: What is the minimum cost of producing 400 units of output?
A)$3,000
B)$4,000
C)$5,000
D)$6,000
E)none of the above

Question

Refer to the following figure.The price of capital is $50 per unit:  What is the minimum cost of producing 400 units of output?
A)$3,000 
B)$4,000 
C)$5,000 
D)$6,000 
E)none of the above

Quizplus · Accepted Answer

The Answer of Refer to the following figure.The price of capital is $50 per unit:  What is the minimum cost of producing 400 units of output?
A)$3,000 
B)$4,000 
C)$5,000 
D)$6,000 
E)none of the above

Refer to the Following Figure