According to the table below,what is the total cost of producing 125 units of output?
$$\begin{array} { | l | l | l |}
\hline \mathbf { Q } & \mathbf { F C } & \mathbf { V C } \
\hline 0 & 1,000 & 0 \
\hline 20 & 1,000 & 350 \
\hline 50 & 1,000 & 700 \
\hline 90 & 1,000 & 1,050 \
\hline 125 & 1,000 & 1,400 \
\hline 145 & 1,000 & 1,750 \
\hline 160 & 1,000 & 2,100 \
\hline
\end{array}$$
A) 1,000
B) 2,050
C) 1,400
D) 2,400

Question

According to the table below,what is the total cost of producing 125 units of output?
$$\begin{array} { | l | l | l |} 
\hline \mathbf { Q } & \mathbf { F C } & \mathbf { V C } \
\hline 0 & 1,000 & 0 \
\hline 20 & 1,000 & 350 \
\hline 50 & 1,000 & 700 \
\hline 90 & 1,000 & 1,050 \
\hline 125 & 1,000 & 1,400 \
\hline 145 & 1,000 & 1,750 \
\hline 160 & 1,000 & 2,100 \
\hline
\end{array}$$
A) 1,000
B) 2,050
C) 1,400
D) 2,400

Quizplus · Accepted Answer

The total cost of producing 125 units of output is the sum of fixed costs (FC) and variable costs (VC) at that level of output. For 125 units, FC = 1,000 and VC = 1,400, so the total cost = 1,000 + 1,400 = 2,400.

According to the Table Below,what Is the Total Cost of Producing