Use the Following to Answer Questions : Figure and Table
Question 107
Question 107
Multiple Choice
Use the following to answer questions : Figure and Table: Variable,Fixed,and Total Costs Points on Graph ABCDEFGHI Quantity of Labour (workers) , L012345678 Quantity of Wheat (bushels) , Q01936516475849196 Variable Cost, VC$02004006008001000120014001600 Fixed Cost, FC$400400400400400400400400400 Total Cost, TC=FC+VC$400600800100012001400160018002000 -(Figure and Table: Variable,Fixed,and Total Costs) Use Figure and Table: Variable,Fixed,and Total Costs.The marginal cost of increasing production from 84 to 91 kilograms of wheat is:
A) $13.00. B) $19.78. C) $22.22. D) $28.57.
Correct Answer:
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