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. The firmʹs marginal product of its variable factor is maximized when it produces
Units of output.
A) 50
B) 90
C) 100
D) 110
E) 170

Question

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. The firmʹs marginal product of its variable factor is maximized when it produces
Units of output.
A) 50 
B) 90 
C) 100 
D) 110 
E) 170

Quizplus · Accepted Answer

The Answer of 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. The firmʹs marginal product of its variable factor is maximized when it produces
Units of output.
A) 50 
B) 90 
C) 100 
D) 110 
E) 170

The Table Below Shows Output, Marginal Cost, and Average Variable