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    Principles of Microeconomics
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    Exam 13: The Costs of Production
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    At Bert's Bootery,the Total Cost of Producing 19 Pairs of Boots
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At Bert's Bootery,the Total Cost of Producing 19 Pairs of Boots

Question 83

Question 83

Multiple Choice

At Bert's Bootery,the total cost of producing 19 pairs of boots is $4000.The marginal cost of producing the 20th pair of boots is $90.What is the average total cost of 21 pairs of boots


A) $200
B) $201.5
C) $204.50
D) $210.52

Correct Answer:

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