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Refer to the Following

Question 17

Multiple Choice

Refer to the following:
The price of capital (r) is $20.
Refer to the following: The price of capital (r) is $20. -What is the lowest possible cost of producing 5,000 units of output? A) $1,800 B) $2,400 C) $2,600 D) $1,400 E) $3,000
-What is the lowest possible cost of producing 5,000 units of output?


A) $1,800
B) $2,400
C) $2,600
D) $1,400
E) $3,000

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