The table below shows output,marginal cost,and average variable cost for the production of pairs of shoes.All costs are in dollars. 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
A) $12 000.
B) $7000.
C) $8000.
D) $10 000.
E) $9000.
Correct Answer:
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