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    Economics Today
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    Exam 22: The Firm: Cost and Output Determination
  5. Question
    Notice the Costs of Production for a Firm in the Table
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Notice the Costs of Production for a Firm in the Table

Question 13

Question 13

Multiple Choice

Notice the costs of production for a firm in the table below. What are the total costs for outputs of 7 units and 8 units respectively? Notice the costs of production for a firm in the table below. What are the total costs for outputs of 7 units and 8 units respectively?   A)  $20.12; $19.33 B)  $17.25; $18.32 C)  $19.33; $20.12 D)  $9.33; $10.12


A) $20.12; $19.33
B) $17.25; $18.32
C) $19.33; $20.12
D) $9.33; $10.12

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