-Use the data in the table above.An economist would say that the total cost of producing 15 units of output is
A) $6.
B) $63.
C) $69.
D) $75.
E) $81.

Question

-Use the data in the table above.An economist would say that the total cost of producing 15 units of output is
A) $6. 
B) $63. 
C) $69. 
D) $75. 
E) $81.

Quizplus · Accepted Answer

The total cost of producing 15 units is the sum of fixed costs and variable costs at that level of output. If the fixed cost is $6 and the variable cost for 15 units is $63, then the total cost is $69.

-Use the Data in the Table Above