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Business, 14.06.2021 15:40 peno211

Suppose that an economy produces 500 units of output. It takes 10 units of labor at $15 a unit and 4 units of capital at $50 a unit to produce this amount of output. The per unit cost of production is:.A. $1.42B. $1.24C. $0.70D. $0.40

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Suppose that an economy produces 500 units of output. It takes 10 units of labor at $15 a unit and 4...
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