-Notice the Costs of Production for a Firm in the Table

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? $$\begin{array} { c c c } \begin{array} { c } \text { Total Output } \\\text { (Q/day) }\end{array} & \begin{array} { c } \text { Total Fixed Costs } \\\text { (TFC) }\end{array} & \begin{array} { c } \text { Total Variable Costs } \\\text { (TVC) }\end{array} \\\hline 0 & \$ 10 & \$ 0 \\1 & \$ 10 & \$ 3.50 \\2 & \$ 10 & \$ 4.75 \\3 & \$ 10 & \$ 5.80 \\4 & \$ 10 & \$ 6.40 \\5 & \$ 10 & \$ 7.25 \\6 & \$ 10 & \$ 8.32 \\7 & \$ 10 & \$ 9.33 \\8 & \$ 10 & \$ 10.12\end{array}$$

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