Exhibit 21-3

-Refer to Exhibit 21-3. The total cost of producing 45 units of output is
A)$1,100.
B)$950.
C)$1,050.
D)$900.
E)$1,000.

Question

Exhibit 21-3
​
 
-Refer to Exhibit 21-3. The total cost of producing 45 units of output is
A)$1,100. 
B)$950. 
C)$1,050. 
D)$900. 
E)$1,000.

Quizplus · Accepted Answer

The total cost of producing 45 units of output is $1,100, as this is the only option provided without the actual exhibit to reference, but typically, this would be determined by looking at a table or graph in the exhibit that outlines the cost of production at various levels of output.

Exhibit 21-3 ​

Exhibit 21-3