Refer to the following:
The price of capital is $100 per unit.
-If a firm decides that total cost must not exceed $3,500, what is the maximum amount of output it can produce?
A) 100
B) 500
C) 1,000
D) 1,500
E) none of the above

Question

Refer to the following:
  The price of capital is $100 per unit.
-If a firm decides that total cost must not exceed $3,500, what is the maximum amount of output it can produce?
A) 100 
B) 500 
C) 1,000 
D) 1,500 
E) none of the above

Quizplus · Accepted Answer

The Answer of Refer to the following:
  The price of capital is $100 per unit.
-If a firm decides that total cost must not exceed $3,500, what is the maximum amount of output it can produce?
A) 100 
B) 500 
C) 1,000 
D) 1,500 
E) none of the above

Refer to the Following