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Author Question: The table below shows output, marginal cost, and average variable cost for the production of pairs ... (Read 130 times)

kmcolvin

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on: Oct 12, 2022
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.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by kmcolvin on Oct 12, 2022

ealonif

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Reply #1 on: Oct 12, 2022
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.
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kmcolvin

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Reply 2 on: Oct 12, 2022
Wow, this really help

lcapri7

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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