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The Capital Stock Is Fixed at 50 Units,the Price of Capital

Question 76

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The capital stock is fixed at 50 units,the price of capital is $30 per unit,and the price of labor is $25 per unit. The capital stock is fixed at 50 units,the price of capital is $30 per unit,and the price of labor is $25 per unit. Given the above,how much does the 23rd unit of output add to the firm's total cost? A) $75 B) $135 C) $750 D) $1,350 E) none of the above Given the above,how much does the 23rd unit of output add to the firm's total cost?


A) $75
B) $135
C) $750
D) $1,350
E) none of the above

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