Multiple Choice
Refer to the following:
The capital stock is fixed at 40 units, the price of capital is $15 per unit, and the price of labor is $80 per unit.
-How much does the 50th unit of output add to the firm's total cost?
A) $6.67
B) $10
C) $400
D) $600
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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