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    Exam 11: Behind the Supply Curve: Inputs and Costs
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    (Table: Total Cost Data) Look at the Table Total Cost
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(Table: Total Cost Data) Look at the Table Total Cost

Question 139

Question 139

Multiple Choice

(Table: Total Cost Data) Look at the table Total Cost Data.The table shows cost data for a bicycle firm operating in the short run.What is the total variable cost for this firm when the firm produces five bicycles?


A) $50
B) $240
C) $60
D) $190

Correct Answer:

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