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  3. Study Set
    Managerial Economics
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    Exam 9: Production and Cost in the Long Run
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    Refer to the Following Figure
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Refer to the Following Figure

Question 7

Question 7

Multiple Choice

Refer to the following figure.The price of capital is $50 per unit: Refer to the following figure.The price of capital is $50 per unit:   What is the price per unit of labor? A) $25 B) $20 C) $10 D) $ 2 What is the price per unit of labor?


A) $25
B) $20
C) $10
D) $ 2

Correct Answer:

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