This topic contains a solution. Click here to go to the answer

Author Question: The table below shows output, marginal cost, and average variable cost for the production of pairs ... (Read 34 times)

kmcolvin

  • Full Member
  • ***
  • Posts: 140
The table below shows output, marginal cost, and average variable cost for the production of pairs of shoes. All costs are in dollars.

OutputMarginal
Cost
Average Variable Cost
5060140
7045115
9035 95
11030 80
13035 65
15060 60
170105 65
190180 75
210230 90
230290110

TABLE 7-6

Refer to Table 7-6. If the firm produces 130 pairs of shoes, and the fixed cost is $550, then the firm's total cost is
◦ $7000.
◦ $8000.
◦ $12 000.
◦ $9000.
◦ $10 000.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kmcolvin on Oct 12, 2022

ealonif

  • Full Member
  • ***
  • Posts: 185
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




kmcolvin

  • Member
  • Posts: 140
Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it


Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

 

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

For a complete list of videos, visit our video library