A business incurs the following costs per unit: Labor - 125/unit; ...

[kwoodring]

A business incurs the following costs per unit: Labor - 125/unit; Materials 45/unit and rent - 25000/month. If the firm produces 1,000,00 . units a month, the total costs equal
 a. 125,250,000
  b. 170,250,000
  c. 125,050,000
  d. 170,050,000

Question 2

An expectation of a price increase in the future would cause consumers to______ and producers to_____
 a. Delay consumption; delay production
 b. Delay production; accelerate production
 c. Accelerate consumption; delay production
 d. Accelerate consumption; accelerate production

[tandmlomax84]

Answer to Question 1

b

Answer to Question 2

c

[kwoodring]

Thanks for the timely response, appreciate it

[abro1885]

Excellent