Multiple Choice
suppose that a new alloy is invented which uses copper and zinc in fixed proportions where 1 unit of output requires 3 units of copper and 3 units of zinc for each unit of alloy produced.If no other inputs are needed, the price of copper is $3, and the price of zinc is $3, what is the average cost per unit when 4,000 units of the alloy are produced?
A) $9.50
B) $1,000
C) $1
D) $18
E) $9,500
Correct Answer:

Verified
Correct Answer:
Verified
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