Multiple Choice
Use the following to answer questions:
-(Table: Total Cost and Output) Look at the table Total Cost and Output, which describes Sergei's total costs for his perfectly competitive all-natural ice cream firm. If the market price of a tub of ice cream is $67.50, how much is Sergei's total cost at the profit-maximizing output?
A) $270.00
B) $170.00
C) $135.00
D) $67.50
Correct Answer:

Verified
Correct Answer:
Verified
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