If the wage rate is $20 per unit and if the firm uses two units of capital in the short run with rental rate of
If the wage rate is $20 per unit and if the firm uses two units of capital in the short run with rental rate of $200 per unit then what is the average total cost for the 30th unit of production created? $2.50 $280 C $2.66 $9.33 C None of the above
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