Question: octoring Enabled: ECN 201 Midterm Two March 19 i Saved Help Save & Ex 8 An economy is employing 2 units of capital, 5 units

 octoring Enabled: ECN 201 Midterm Two March 19 i Saved Help

Save & Ex 8 An economy is employing 2 units of capital,

octoring Enabled: ECN 201 Midterm Two March 19 i Saved Help Save & Ex 8 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. Refer to the above information. The per unit cost of production in this economy is: 8 00:37:01 Multiple Choice O $.10. O $.05 O $1.00. O $.50

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