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In the Table Below,the Capital Stock Is Fixed at 40

Question 33

Multiple Choice

In the table below,the capital stock is fixed at 40 units,the price of capital is $15 per unit,and the price of labor is $80 per unit. In the table below,the capital stock is fixed at 40 units,the price of capital is $15 per unit,and the price of labor is $80 per unit. If the firm produces 180 units of output,what is total variable cost? A) $1,200 B) $1,800 C) $14,400 D) $17,100 E) none of the above If the firm produces 180 units of output,what is total variable cost?


A) $1,200
B) $1,800
C) $14,400
D) $17,100
E) none of the above

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