​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

Labor

The human effort, whether physical or mental, used in the production of goods and services.

Materials

Materials refer to the substances or components used in the manufacturing or production of goods and items.

Rent

A periodic payment made to an owner for the use of their property, typically in the context of real estate.