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Find the Minimum Cost of Producing 60,000 Units of a Product

Question 16

Multiple Choice

Find the minimum cost of producing 60,000 units of a product Find the minimum cost of producing 60,000 units of a product , where x is the number of units of labor (at $80 per unit) and y is the number of units of capital (at $40 per unit) . Round your answer to the nearest cent. A) $190,278.22 B) $62,746.50 C) $37,020.43 D) $112,264.15 E) $55,724.88 , where x is the number of units of labor (at $80 per unit) and y is the number of units of capital (at $40 per unit) . Round your answer to the nearest cent.


A) $190,278.22
B) $62,746.50
C) $37,020.43
D) $112,264.15
E) $55,724.88

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