How would that affect the total cost of the three methods, Microeconomics

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How would that affect the total cost of the three methods

Problem

Suppose the cost of machines increases to $55, while the cost of labor stays at $40. How would that affect the total cost of the three methods? Which method should the firm choose now?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How would that affect the total cost of the three methods

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Microeconomics: How would that affect the total cost of the three methods

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