Multiple Choice
Refer to the following:
The price of capital is $100 per unit; the price of labor is $25 per unit.
-When output is 30 units, what is TOTAL cost?
A) $1,000
B) $2,000
C) $10,000
D) $20,000
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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