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-Given the Information in the Table Above, Suppose Labor Is

Question 17

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-Given the information in the table above, suppose labor is the only variable input. The price of labor is $400 per week and total fixed costs are $1,000 per week. What is the total cost of producing 100 units? A) $1,700 B) $1,800 C) $1,900 D) $2,000
-Given the information in the table above, suppose labor is the only variable input. The price of labor is $400 per week and total fixed costs are $1,000 per week. What is the total cost of producing 100 units?


A) $1,700
B) $1,800
C) $1,900
D) $2,000

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