If the Marginal Cost of the First Sports Jersey Is

question 90

Multiple Choice

If the marginal cost of the first sports jersey is $21,the marginal cost of the second sports jersey is $40,and the marginal cost of the third jersey is $17,what is the total variable cost of producing three jerseys?

• A)$26
• B)$78
• C)$17
• D)$61

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Definitions:

Fixed Interval

A schedule or method where events or rewards occur at consistent, predetermined times.

Fixed Salary

A consistent amount of payment received by an employee, often on a monthly basis, regardless of hours worked.

Paycheck

A document or electronic transfer representing the amount of wages or salary paid to an employee for their work.

Continuous Reinforcement

A reinforcement strategy in which a desired behavior is rewarded every time it occurs.