refer to the following figure:
The price of capital is $50 per unit.
-What is the minimum cost of producing 1,200 units of output?
A) $7,000
B) $8,000
C) $9,000
D) $10,000
E) $11,000

Name: refer to the following figure: The price of capital is $50 per unit. -What is the minimum cost of producing 1,200 units of output? A) $7,000 B) $8,000 C) $9,000 D) $10,000 E) $11,000
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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 1,200 units of output?
A) $7,000 
B) $8,000 
C) $9,000 
D) $10,000 
E) $11,000

Quizplus · Accepted Answer

The Answer is D

Refer to the Following Figure