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    Microeconomics Study Set 40
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    Exam 11: Behind the Supply Curve: Inputs and Costs
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    Figure: the Average Total Cost Curve
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Figure: the Average Total Cost Curve

Question 152

Question 152

Multiple Choice

Figure: The Average Total Cost Curve
(Figure: The Average Total Cost Curve) Look at the figure The Average Total Cost Curve.In the figure, the total cost of producing five pairs of boots is approximately:


A) $408.
B) $82.
C) $108.
D) $17.

Correct Answer:

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