In the Graph Below,the Price of Capital Is $500 Per

question 68

Multiple Choice

In the graph below,the price of capital is $500 per unit.Given a total cost of $50,000,the maximum amount of output possible is

• A)500 units of output.
• B)1,100 units of output.
• C)10,000 units of output.
• D)50,000 units of output.
• E)none of the above

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