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

Name: 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
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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 is C

Refer to the Following Figure