Business, 24.03.2020 03:34, lilyclairehutson

An economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labour to produce its total output of 640 units. Each unit of capital costs $10, each unit of raw materials, $4, and each unit of labour, $3.The per unit cost of production in this economy is:A) $1.00. B) $.10. C) $.05. D) $.50.

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An economy is employing 2 units of capital, 5 units of raw materials, and 8 units of labour to produ...