The capital stock is fixed at 50 units,the price of capital is $30 per unit,and the price of labor is $25 per unit. Given the above,how much does the 23rd unit of output add to the firm's total cost?
A)$75
B)$135
C)$750
D)$1,350
E)none of the above

Question

The capital stock is fixed at 50 units,the price of capital is $30 per unit,and the price of labor is $25 per unit.  Given the above,how much does the 23rd unit of output add to the firm's total cost?
A)$75 
B)$135 
C)$750 
D)$1,350 
E)none of the above

Quizplus · Accepted Answer

The Answer of The capital stock is fixed at 50 units,the price of capital is $30 per unit,and the price of labor is $25 per unit.  Given the above,how much does the 23rd unit of output add to the firm's total cost?
A)$75 
B)$135 
C)$750 
D)$1,350 
E)none of the above

The Capital Stock Is Fixed at 50 Units,the Price of Capital