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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 58

Question 58

Multiple Choice

In the following graph,the price of capital is $100 per unit; the price of labor is $25 per unit.When output is 30 units,what is TOTAL cost? In the following graph,the price of capital is $100 per unit; the price of labor is $25 per unit.When output is 30 units,what is TOTAL cost?   A) $1,000 B) $2,000 C) $10,000 D) $20,000 E) none of the above


A) $1,000
B) $2,000
C) $10,000
D) $20,000
E) none of the above

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