Refer to the following:
The price of capital is $500 per unit.
-Given a total cost of $50,000, the maximum amount of output possible is
A) 500 units of output.
B) 1,100 units of output.
C) 10,000 units of output.
D) 50,000 units of output.
E) none of the above

Question

Refer to the following:
  The price of capital is $500 per unit.
-Given a total cost of $50,000, the maximum amount of output possible is
A) 500 units of output. 
B) 1,100 units of output. 
C) 10,000 units of output. 
D) 50,000 units of output. 
E) none of the above

Quizplus · Accepted Answer

The Answer of Refer to the following:
  The price of capital is $500 per unit.
-Given a total cost of $50,000, the maximum amount of output possible is
A) 500 units of output. 
B) 1,100 units of output. 
C) 10,000 units of output. 
D) 50,000 units of output. 
E) none of the above

Refer to the Following