Question
30VT. In the short run, where there are fixed costs of Suppose that a firm's production function is q $2,200, and labor is the
30VT. In the short run, where there are fixed costs of Suppose that a firm's production function is q $2,200, and labor is the variable input whose cost is $6,300 per units. What is the total cost of producing 20 units of output?
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
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