In the table below,the capital stock is fixed at 40 units,the price of capital is $15 per unit,and the price of labor is $80 per unit. How much does the 50th unit of output add to the firm's total cost?
A)$6.67
B)$10
C)$400
D)$600
E)none of the above

Question

In the table below,the capital stock is fixed at 40 units,the price of capital is $15 per unit,and the price of labor is $80 per unit.  How much does the 50th unit of output add to the firm's total cost?
A)$6.67 
B)$10 
C)$400 
D)$600 
E)none of the above

Quizplus · Accepted Answer

The Answer of In the table below,the capital stock is fixed at 40 units,the price of capital is $15 per unit,and the price of labor is $80 per unit.  How much does the 50th unit of output add to the firm's total cost?
A)$6.67 
B)$10 
C)$400 
D)$600 
E)none of the above

In the Table Below,the Capital Stock Is Fixed at 40