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In the Following Graph,the Price of Labor Is $15 Per

Question 3

Multiple Choice

In the following graph,the price of labor is $15 per unit.The minimum cost of producing 1,000 units of output is:
In the following graph,the price of labor is $15 per unit.The minimum cost of producing 1,000 units of output is: A) $ 150 B) $ 450 C) $ 600 D) $1,800 E) none of the above


A) $ 150
B) $ 450
C) $ 600
D) $1,800
E) none of the above

Correct Answer:

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