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Refer to the Following

Question 51

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 at which 14,000 units of output can be produced? A) $8,600 B) $2,400 C) $3,600 D) $4,200 E) none of the above
-What is the lowest possible cost at which 14,000 units of output can be produced?


A) $8,600
B) $2,400
C) $3,600
D) $4,200
E) none of the above

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