To produce 10 shirts,the total cost is $80; to produce 11 shirts,the total cost is $99.The average total cost of the 11th shirt is equal to
A) $8.
B) $9.
C) $80.
D) $99.
E) $19.
Correct Answer:
Verified
Q187: Which of the following statements is true?
A)
Q188: In the long run,if 1,000 units are
Q189: To produce 10 shirts,the total cost is
Q190: Which of the following is FALSE?
A) Long-run
Q191: The main sources of economies of scale
Q193: Diseconomies of scale is
A) a short run
Q194: Average total cost equals
A) marginal cost divided
Q195: Economies of scale can occur as a
Q196: Which of the following is true in
Q197: When a firm's long-run average total cost
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