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Refer to the Following Figure

Question 63

Multiple Choice

Refer to the following figure.The price of capital is $50 per unit: Refer to the following figure.The price of capital is $50 per unit: How many units of labor should the firm use in order to produce 400 units of output at the least cost? A) 100 B) 105 C) 110 D) 115 How many units of labor should the firm use in order to produce 400 units of output at the least cost?


A) 100
B) 105
C) 110
D) 115

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