Answer the Question on the Basis of the Following Information

question 109

Multiple Choice

Answer the question on the basis of the following information.An economy is employing 2 units of capital,5 units of raw materials,and 8 units of labor to produce its total output of 640 units.Each unit of capital costs $10;each unit of raw materials,$4;and each unit of labor,$3. Refer to the information.The per-unit cost of production in this economy is:

• A) $0.05.
• B) $0.10.
• C) $0.50.
• D) $1.00.