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Refer to the Following

Question 80

Multiple Choice

Refer to the following:
The price of capital is $12 per unit.
Refer to the following: The price of capital is $12 per unit. -How many units of labor should the firm use in order to produce 200 units of output at the least cost? A) 12 units of labor B) 18 units of labor C) 30 units of labor D) 40 units of labor E) 22 units of labor
-How many units of labor should the firm use in order to produce 200 units of output at the least cost?


A) 12 units of labor
B) 18 units of labor
C) 30 units of labor
D) 40 units of labor
E) 22 units of labor

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