Granite Tops for You uses 15 units of capital at $5,000 per unit and employs 50 employees at a cost of $500 each. What is the company's total cost?

Name: Granite Tops for You uses 15 units of capital at $5,000 per unit and employs 50 employees at a cost of $500 each. What is the company's total cost?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cost for capital = 15 units x $5,000 per unit = $75,000
Cost for employees = 50 employees x $500 per employee = $25,000
Total cost = $75,000 + $25,000 = $100,000

Granite Tops for You Uses 15 Units of Capital at $5,000