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Refer to the Following Figure

Question 21

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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: How many units of labor should the firm use to produce 1,200 units of output at least cost? A) 120 B) 500 C) 240 D) 128 E) 175 How many units of labor should the firm use to produce 1,200 units of output at least cost?


A) 120
B) 500
C) 240
D) 128
E) 175

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