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Refer to the Following Figure

Question 1

Multiple Choice

refer to the following figure:
refer to the following figure: The price of capital is $50 per unit. -The minimum cost of producing 800 units of output is A) $ 6,000. B) $ 7,500. C) $ 8,000. D) $10,000. The price of capital is $50 per unit.
-The minimum cost of producing 800 units of output is


A) $ 6,000.
B) $ 7,500.
C) $ 8,000.
D) $10,000.

Correct Answer:

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