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Assume that the firm uses 13 employee hours and an office to produce 100 units of output. The price of output is $5, the wage
Assume that the firm uses 13 employee hours and an office to produce 100 units of output. The price of output is $5, the wage rate is $10, and rent is $200. The firm has total costs of:
Select one:
a.$200.
b.$500.
c.$330.
d.$230.
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