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An economy is employing 5 units of capital, 4 units of raw materials, and 8 units of labor to produce its total output of 600

An economy is employing 5 units of capital, 4 units of raw materials, and 8 units of labor to produce its total output of 600 units. Each unit of capital costs $10; each unit of raw materials, $4; and each unit of labor, $3. The per-unit cost of production in this economy is

Multiple Choice

$0.15.

$17.00.

$0.30.

$0.50.

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