Refer to the following graph. The price of labor is $3 per unit:How many units of labor should a firm use in order to produce 100 units of output at the least cost?

A. 15 units of labor
B. 10 units of labor
C. 5 units of labor
D. 20 units of labor


Answer: B

Economics

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Answer the following statement true (T) or false (F)

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