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The Table Below Provides Information on Output Per Month and Short-

Question 9

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The table below provides information on output per month and short- run costs for a firm producing outdoor wooden lounge chairs.  TFC  TVC  TC 2002004002002204202002404402002604602003505502008101010 TABLE 7- 5\begin{array}{l}\begin{array} { | l | l | l | } \hline \text { TFC } & \text { TVC } & \text { TC } \\\hline 200 & 200 & 400 \\\hline 200 & 220 & 420 \\\hline 200 & 240 & 440 \\\hline 200 & 260 & 460 \\\hline 200 & 350 & 550 \\\hline 200 & 810 & 1010 \\\hline\end{array}\\\text { TABLE 7- } 5\end{array}
-Refer to Table 7- 5. Given the information in the table about short- run costs, this firm would minimize the average variable cost of production when producing


A) 20 chairs.
B) 15 chairs.
C) 30 chairs.
D) 10 chairs.
E) 25 chairs.

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