Multiple Choice
Refer to the following:
The price of capital is $500 per unit.
-Given a total cost of $50,000, the maximum amount of output possible is
A) 500 units of output.
B) 1,100 units of output.
C) 10,000 units of output.
D) 50,000 units of output.
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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