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    Managerial economics
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    Exam 9: Production and Cost in the Long Run
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    Refer to the Following
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Refer to the Following

Question 18

Question 18

Multiple Choice

refer to the following:
refer to the following:     The price of labor is $3 per unit. -What is the price per unit of capital? A)  $1.50 B)  $2.00 C)  $2.10 D)  $5.00
The price of labor is $3 per unit.
-What is the price per unit of capital?


A) $1.50
B) $2.00
C) $2.10
D) $5.00

Correct Answer:

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