Multiple Choice
Refer to the following:
The price of labor is $3 per unit.
-How many units of labor should a firm use in order to produce 100 units of output at the least cost?
A) 5 units of labor
B) 10 units of labor
C) 15 units of labor
D) 20 units of labor
Correct Answer:

Verified
Correct Answer:
Verified
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