Multiple Choice
A new metal alloy is discovered that uses copper and zinc in fixed proportions where each unit of the alloy requires 2 units of zinc and 2 units of copper.If no other inputs are required, if the price of zinc is $3 per unit, and the price of copper is $3 per unit and if total output is 5,000 units, what is the average cost per unit of output?
A) $6
B) $1.50
C) $12
D) $15
E) $18
Correct Answer:
Verified
Correct Answer:
Verified
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