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Economics Suppose that an economy produces 500 units of output. It takes 10 units of labor at $15 a unit and 3 units of capital

Economics

Suppose that an economy produces 500 units of output. It takes 10 units of labor at $15 a unit and 3 units of capital at $50 a unit to produce this amoun of output. The per unit cost of production is Multiple Choice O $0.60. O $1.60 O $1.20. O $0.30

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