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    Managerial Economics
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    Exam 9: Production and Cost in the Long Run
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    In the Following Graph,the Price of Capital Is $100 Per
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In the Following Graph,the Price of Capital Is $100 Per

Question 35

Question 35

Multiple Choice

In the following graph,the price of capital is $100 per unit.If a firm decides that total cost must not exceed $3,500,what is the maximum amount of output it can produce?


A) 100
B) 500
C) 1,000
D) 1,500
E) none of the above

Correct Answer:

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