Use the following figure that shows a firm's isoquant for producing 3,000 units of output and four isocost curves. Labor and capital each cost $100 per unit.

-The optimal input combination is _________ units of labor and _________ units of capital. At this combination, total cost of producing 3,000 units is $____________.

Question

Use the following figure that shows a firm's isoquant for producing 3,000 units of output and four isocost curves. Labor and capital each cost $100 per unit.

-The optimal input combination is _________ units of labor and _________ units of capital. At this combination, total cost of producing 3,000 units is $____________.

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The Answer of Use the following figure that shows a firm's isoquant for producing 3,000 units of output and four isocost curves. Labor and capital each cost $100 per unit.

-The optimal input combination is _________ units of labor and _________ units of capital. At this combination, total cost of producing 3,000 units is $____________.

Use the Following Figure That Shows a Firm's Isoquant for Producing