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Refer to the Following

Question 4

Multiple Choice

Refer to the following:
Refer to the following: The price of labor is $15 per unit. -How many units of labor should a firm use to produce 2,000 units of output at the least cost? A) 40 B) 50 C) 80 D) 100 E) none of the above The price of labor is $15 per unit.
-How many units of labor should a firm use to produce 2,000 units of output at the least cost?


A) 40
B) 50
C) 80
D) 100
E) none of the above

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