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A Piano Manufacture Has a Daily Fixed Cost of $1,300

Question 96

Multiple Choice

A piano manufacture has a daily fixed cost of $1,300 and a marginal cost of $1,600 per piano. On a given day, what is the cost of manufacturing 3 pianos ?


A) $3,500
B) $8,700
C) $6,100
D) $5,500

Correct Answer:

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