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    Exam 11: Output and Costs
  5. Question
    -The Table Above Gives Costs at Jan's Bike Shop
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-The Table Above Gives Costs at Jan's Bike Shop

Question 329

Question 329

Multiple Choice

  -The table above gives costs at Jan's Bike Shop. Unfortunately, Jan's record keeping has been spotty. Each worker is paid $100 a day. Labor costs are the only variable costs of production. What is the total cost of producing 50 bikes? A)  $100 B)  $200 C)  $300 D)  $400
-The table above gives costs at Jan's Bike Shop. Unfortunately, Jan's record keeping has been spotty. Each worker is paid $100 a day. Labor costs are the only variable costs of production. What is the total cost of producing 50 bikes?


A) $100
B) $200
C) $300
D) $400

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