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Following Is a Firm's Expansion Path

Question 72

Multiple Choice

Following is a firm's expansion path.The price of capital is $5 per unit; the price of labor is $2 per unit. Following is a firm's expansion path.The price of capital is $5 per unit; the price of labor is $2 per unit. When output is 30 units,what is long-run total cost? A) $60 B) $105 C) $150 D) $260 E) none of the above When output is 30 units,what is long-run total cost?


A) $60
B) $105
C) $150
D) $260
E) none of the above

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