Refer to the Information Provided in Figure 7

Multiple Choice

Refer to the information provided in Figure 7.10 below to answer the question(s) that follow. Figure 7.10
-Refer to Figure 7.10. If this firm's cost of capital is $20 per unit and its cost of labor is $10 per unit, the isocost line represents a total cost of

A) $2,000.
B) $3,000.
C) $4,000.
D) $8,000.