If you knew that the per-unit production cost was $8 and that the total cost of inputs was $1,000, then the number of units of output would be
A) 75.
B) 100.
C) 125.
D) 150.

Question

Quizplus · Accepted Answer

The formula to calculate the number of units of output is: Total Cost of Inputs / Production Cost per Unit. 
In this case, Total Cost of Inputs is $1,000 and Production Cost per Unit is $8. 
So, 1000/8 = 125. Therefore, the number of units of output would be 125.

If You Knew That the Per-Unit Production Cost Was $8