In the following graph,the price of capital is $12 per unit.If the price of labor is $30 per unit,the lowest possible cost of producing 200 units of output is
A)$1,200.
B)$2,400.
C)$3,000.
D)$4,000.
E)none of the above

Question

In the following graph,the price of capital is $12 per unit.If the price of labor is $30 per unit,the lowest possible cost of producing 200 units of output is 
A)$1,200. 
B)$2,400. 
C)$3,000. 
D)$4,000. 
E)none of the above

Quizplus · Accepted Answer

The Answer of In the following graph,the price of capital is $12 per unit.If the price of labor is $30 per unit,the lowest possible cost of producing 200 units of output is 
A)$1,200. 
B)$2,400. 
C)$3,000. 
D)$4,000. 
E)none of the above

In the Following Graph,the Price of Capital Is $12 Per