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Author Question: A business incurs the following costs per unit: Labor 5/unit; Materials 3/unit and rent 5000/month. ... (Read 155 times)

chandani

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  • Posts: 541
on: Jul 1, 2018
A business incurs the following costs per unit: Labor 5/unit; Materials 3/unit and rent 5000/month. If the firm produces 1000 units a month, the total costs equals
 a. 5,000
 b. 8,000
 c. 13,000
 d. 3,000

Question 2

A business incurs the following costs per unit: Labor 5/unit; Materials 3/unit and rent 5000/month. If the firm produces 1000 units a month, the total fixed costs equals
 a. 5,000
 b. 8,000
 c. 13,000
 d. 3,000


af

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  • Posts: 356
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

a


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