Refer to the information provided in Figure 7.11 below to answer the question(s) that follow. Figure 7.11
-Refer to Figure 7.11. If the isocost line represents a total cost of $7,200, the firm's cost of capital is ________ per unit and its cost of labor is ________ per unit.
A) $36; $72
B) $144; $72
C) $72; $36
D) $200; $100

Question

Refer to the information provided in Figure 7.11 below to answer the question(s) that follow.  Figure 7.11
-Refer to Figure 7.11. If the isocost line represents a total cost of $7,200, the firm's cost of capital is ________ per unit and its cost of labor is ________ per unit.
A) $36; $72 
B) $144; $72 
C) $72; $36 
D) $200; $100

Quizplus · Accepted Answer

The Answer of Refer to the information provided in Figure 7.11 below to answer the question(s) that follow.  Figure 7.11
-Refer to Figure 7.11. If the isocost line represents a total cost of $7,200, the firm's cost of capital is ________ per unit and its cost of labor is ________ per unit.
A) $36; $72 
B) $144; $72 
C) $72; $36 
D) $200; $100

Refer to the Information Provided in Figure 7