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In the Following Graph,the Price of Capital Is $12 Per

Question 17

Multiple Choice

In the following graph,the price of capital is $12 per unit.How many units of labor should the firm use in order to produce 200 units of output at the least cost? In the following graph,the price of capital is $12 per unit.How many units of labor should the firm use in order to produce 200 units of output at the least cost? A) 12 units of labor B) 18 units of labor C) 30 units of labor D) 40 units of labor E) 22 units of labor


A) 12 units of labor
B) 18 units of labor
C) 30 units of labor
D) 40 units of labor
E) 22 units of labor

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