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Home Q & A Board Other Fields Homework Help Business Economics
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stars_and_moon stars_and_moon
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Posts: 3218
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8 years ago
If a firm has labor as its only variable input, its total variable cost of output is equal to
A) price ÷ labor.
B) price * labor.
C) wage rate ÷ labor.
D) wage rate * labor.
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kingbykingby
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#1
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Posts: 3218
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8 years ago
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#2
8 years ago
Incredible!
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#3
8 years ago
Yup, vote with confidence!
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