Multiple Choice
The table below shows output, marginal cost, and average variable cost for the production of pairs of shoes. All costs are in dollars.
-Refer to Table 7- 6. Suppose there are no fixed costs. The firm reaches it's capacity level of output when its output is equal to units.
A) 110
B) 150
C) 210
D) 190
E) 50
Correct Answer:

Verified
Correct Answer:
Verified
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