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Refer to the Following Graph

Question 36

Multiple Choice

Refer to the following graph.The price of labor is $3 per unit: Refer to the following graph.The price of labor is $3 per unit: How many units of capital should a firm use in order to produce 300 units of output at the least cost? A) 17 units of capital B) 18 units of capital C) 19 units of capital D) 20 units of capital How many units of capital should a firm use in order to produce 300 units of output at the least cost?


A) 17 units of capital
B) 18 units of capital
C) 19 units of capital
D) 20 units of capital

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