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Refer to the Following

Question 2

Multiple Choice

Refer to the following:
Refer to the following: The price of labor is $3 per unit. -What is the minimum cost of producing 100 units of output? A) $150 B) $105 C) $ 75 D) $ 60
The price of labor is $3 per unit.
-What is the minimum cost of producing 100 units of output?


A) $150
B) $105
C) $ 75
D) $ 60

Correct Answer:

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