In the Following Graph,the Price of Capital Is $100 Per

question 86

Multiple Choice

In the following graph,the price of capital is $100 per unit; the price of labor is $25 per unit.When output is 20 units,what is AVERAGE cost?

• A)$350
• B)$700
• C)$3,500
• D)$7,000
• E)none of the above

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Written Offer

A formal proposal presented in written form by one party to another, stipulating the terms under which the offeror is willing to engage in a contract.

Sold

The act of transferring ownership of an item or service from one party to another in exchange for money or other compensation.

Clickwrap Agreement

A digital contract that requires users to agree to terms and conditions by clicking a button or checking a box before proceeding with the use of service or software.

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A contract entered into electronically via the internet, covering terms and conditions related to the use of websites or online services.