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    Managerial Economics Study Set 1
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    Exam 8: Production and Cost in the Short Run
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    Refer to the Following
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Refer to the Following

Question 51

Question 51

Multiple Choice

Refer to the following:
Refer to the following:    -In the above figure, what is the TOTAL cost of producing 5 units of output? A)  $10 B)  $60 C)  $100 D)  $225 E)  $2,000
-In the above figure, what is the TOTAL cost of producing 5 units of output?


A) $10
B) $60
C) $100
D) $225
E) $2,000

Correct Answer:

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