Solved

In the Following Graph,the Price of Capital Is $100 Per

Question 47

Multiple Choice

In the following graph,the price of capital is $100 per unit; the price of labor is $25 per unit.How much does the seventh unit of output add to total cost? In the following graph,the price of capital is $100 per unit; the price of labor is $25 per unit.How much does the seventh unit of output add to total cost? A) nothing B) $400 C) $800 D) $4,000 E) $8,000


A) nothing
B) $400
C) $800
D) $4,000
E) $8,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q10: If the marginal rate of technical substitution

Q15: The marginal rate of technical substitution is<br>A)the

Q42: Refer to the following graph.The price of

Q43: Refer to the following figure.The price of

Q44: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2562/.jpg" alt=" In the above

Q45: Refer to the following figure.The price of

Q46: In the following graph,the price of capital

Q49: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2562/.jpg" alt=" Given the above

Q50: In the following graph,the price of labor

Q80: expansion path shows how<br>A)input prices change as