Multiple Choice
Refer to the information provided in Figure 7.12 below to answer the questions that follow. Figure 7.12
-Refer to Figure 7.12. If the firm's cost of capital is $30 per unit and its cost of labor is $60 per unit, the isocost line represents a total cost of
A) $2,000.
B) $3,000.
C) $6,000.
D) $8,000.
Correct Answer:

Verified
Correct Answer:
Verified
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