Multiple Choice
The data in the table is for a firm in which labour is the only variable cost and each unit of labour costs the same regardless of how many units are bought.
-Refer to the information above to answer this question.What is the value of TVC if 7 units of labour are used?
A) $70.
B) $100.
C) $130.2.
D) $700.
E) $910.
Correct Answer:
Verified
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