Suppose That a New Alloy Is Invented Which Uses Copper

question 18

Multiple Choice

suppose that a new alloy is invented which uses copper and zinc in fixed proportions where 1 unit of output requires 3 units of copper and 4 units of zinc for each unit of alloy produced.If no other inputs are needed, the price of copper is $2, and the price of zinc is $3, what is the average cost per unit when 3,000 units of the alloy are produced?

• A)$18
• B)$.67
• C)$666.67
• D)$9.33
• E)$9,333.33

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Definitions:

Emotional Reaction

An individual's immediate affective response to a stimulus, which can influence behavior and decision-making.

Future Possible Activities

Activities or tasks that individuals or groups might undertake in the future, which are currently considered as options or plans.

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The mental reactions and thoughts that arise in response to external stimuli, forming the basis of attitudes, beliefs, and actions.

Nonspecific-Action Tendencies

General predispositions to act in a certain way without a precise or direct motive.