In Problem 3, the Production Function Is F(L, M)

In Problem 3, the production function is f(L, M) , where L is the number of units of labor and M is the number of machines used. If the cost of labor is $9 per unit and the cost of machines is $81 per unit, then the total cost of producing 10 units of output will be

A) $270.
B) $90.
C) $135.
D) $450.
E) None of the above.

Correct Answer:

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