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Refer to the Following Graph

Question 21

Multiple Choice

Refer to the following graph.The price of capital r) is $20. Refer to the following graph.The price of capital r) is $20. What is the lowest possible cost of producing 5,000 units of output? A) $1,800 B) $2,400 C) $2,600 D) $1,400 E) $3,000 What is the lowest possible cost of producing 5,000 units of output?


A) $1,800
B) $2,400
C) $2,600
D) $1,400
E) $3,000

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