Answer:
per unit cost = $0.75
so correct option is c. $0.75
Explanation:
given data
produces output Q = 2400 units
input = 60 units
price = $30 per unit
to find out
per unit cost of production
solution
we find here total input cost TC that is
TC = input × cost ...........1
put here value
TC = 30 × 60
TC = 1800
so per unit cost will be here express as
per unit cost = [tex]\frac{TC}{Q}[/tex] ....................2
put here value we get
per unit cost = [tex]\frac{1800}{2400}[/tex]
per unit cost = $0.75
so correct option is c. $0.75
