Multiple Choice
Refer to the following:
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
Correct Answer:
Verified
Correct Answer:
Verified
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