in economy Is employing 4 units of capital, 5 units of raw materials, and 5 units of labor to produce Its total output of 150 units. Each unit of capltal costs S10; each unit of raw materlals, $4; and each unit of labor, $3. The per-unit cost of production In this economy is Multiple Choice $.50. $14.00. $0.75. S0.05. O O O

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An economy Is employing 4 units of capital, 5 units of raw materlals, and 5 units
labor to produce Its total output of 150 units. Each unit of capltal costs $10; each unit of raw materlals, $4; and each unit of labor, $3. The per-unit cost of production In this economy Is
Multiple Cholce
$0.50.
$14.00.
$0.75.
$0.05.
Transcribed Image Text:An economy Is employing 4 units of capital, 5 units of raw materlals, and 5 units labor to produce Its total output of 150 units. Each unit of capltal costs $10; each unit of raw materlals, $4; and each unit of labor, $3. The per-unit cost of production In this economy Is Multiple Cholce $0.50. $14.00. $0.75. $0.05.
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