Refer to the graph shown. If labor costs $10 per unit and machines cost $15 per unit, the economically efficient cost of producing 500 units of output is: 
Definitions:
Taking Risks
The act of engaging in actions or decisions that have a significant chance of leading to loss but also offer potential rewards.
Supply Of Loanable Funds
The total amount of funds available for borrowing in the financial markets, determined by saving behaviors and the influence of interest rates.
Theory Of Profits
A theoretical perspective on economics that examines how profit is generated and distributed in market economies.
Reward For Innovation
The benefits that innovators receive for developing new products or processes, typically in the form of profits, patents, or recognition.
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