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Home Q & A Board Other Fields Homework Help Business Economics
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hannahk17 hannahk17
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6 years ago
Assume it takes 10 units of labor to produce 4 units of output. When the price of labor is $6 per unit and fixed costs equal $60, what is the total cost of those 4 units of output?
A) $60
B) $70
C) $120
D) $84
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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ashkatnewashkatnew
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#1
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6 years ago
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hannahk17 Author
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6 years ago
This helped my grade so much Perfect
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this is exactly what I needed
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Thanks
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