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    Business
  3. Study Set
    Managerial Economics
  4. Exam
    Exam 9: Production and Cost in the Long Run
  5. Question
    In the Graph Below,the Price of Capital Is $500 Per
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In the Graph Below,the Price of Capital Is $500 Per

Question 4

Question 4

Multiple Choice

In the graph below,the price of capital is $500 per unit.When output is 10,000 units,what is long-run average cost? In the graph below,the price of capital is $500 per unit.When output is 10,000 units,what is long-run average cost?   A) $0.20 B) $5 C) $20 D) $500 E) none of the above


A) $0.20
B) $5
C) $20
D) $500
E) none of the above

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