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    Exam 11: Technology, Production, and Costs
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    Table 11-7 Table 11-7 Shows Cost Data for Lotus Lanterns
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Table 11-7 Table 11-7 Shows Cost Data for Lotus Lanterns

Question 256

Question 256

Multiple Choice

Table 11-7
Table 11-7    Table 11-7 shows cost data for Lotus Lanterns, a producer of whimsical night lights. -Refer to Table 11-7. What is the marginal cost per unit of production when the firm produces 100 lanterns? A)  $420 B)  $32 C)  $11.10 D)  $8.10 Table 11-7 shows cost data for Lotus Lanterns, a producer of whimsical night lights.
-Refer to Table 11-7. What is the marginal cost per unit of production when the firm produces 100 lanterns?


A) $420
B) $32
C) $11.10
D) $8.10

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