Refer to the following figure:
The price of capital is $50 per unit.
-How many units of capital should the firm use to produce 800 units of output at least cost?
A) 110
B) 98
C) 108
D) 102
E) 120

Question

Refer to the following figure:
  The price of capital is $50 per unit.
-How many units of capital should the firm use to produce 800 units of output at least cost?
A) 110 
B) 98 
C) 108 
D) 102 
E) 120

Quizplus · Accepted Answer

The Answer of Refer to the following figure:
  The price of capital is $50 per unit.
-How many units of capital should the firm use to produce 800 units of output at least cost?
A) 110 
B) 98 
C) 108 
D) 102 
E) 120

Refer to the Following Figure