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The Table Below Shows Output, Marginal Cost, and Average Variable

Question 10

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The table below shows output, marginal cost, and average variable cost for the production of pairs of shoes. All costs are in dollars.  Output  Marginal  Cost  Average  Variable Cost 50601407045115903595110308013035651506060170105651901807521023090230290110 TABLE 7- 6\begin{array}{l}\begin{array} { | l | l | l | } \hline \text { Output } & \begin{array} { l } \text { Marginal } \\\text { Cost }\end{array} & \begin{array} { l } \text { Average } \\\text { Variable Cost }\end{array} \\\hline 50 & 60 & 140 \\\hline 70 & 45 & 115 \\\hline 90 & 35 & 95 \\\hline 110 & 30 & 80 \\\hline 130 & 35 & 65 \\\hline 150 & 60 & 60 \\\hline 170 & 105 & 65 \\\hline 190 & 180 & 75 \\\hline 210 & 230 & 90 \\\hline 230 & 290 & 110 \\\hline\end{array}\\\text { TABLE 7- } 6\end{array}
-Refer to Table 7- 6. If the firm produces 130 pairs of shoes, and the fixed cost is $550, then the firm's total cost is


A) $8000.
B) $7000.
C) $12 000.
D) $9000.
E) $10 000.

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