In the Table Below,the Capital Stock Is Fixed at 40

question 43

Multiple Choice

In the table below,the capital stock is fixed at 40 units,the price of capital is $15 per unit,and the price of labor is $80 per unit. How much does the 50th unit of output add to the firm's total cost?

• A)$6.67
• B)$10
• C)$400
• D)$600
• E)none of the above

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Definitions:

Secondary Stakeholders

Individuals or groups that are indirectly affected by a company's operations, decisions, and policies.

Suppliers

Companies or individuals that provide goods or services to other businesses, often playing a crucial role in a supply chain.

Internal Analysis

Examination of an organization's internal environment, including its resources, capabilities, and systems, to assess strengths and weaknesses.

Strategic Decision Makers

Individuals or groups within an organization responsible for making high-level choices that significantly affect the company’s direction, objectives, and overall performance.