The Table Below Shows Output, Marginal Cost, and Average Variable

question 137

Multiple Choice

The table below shows output, marginal cost, and average variable cost for the production of pairs of shoes. All costs are in dollars. TABLE 7-6
-Refer to Table 7-6. The firmʹs marginal product of its variable factor is maximized when it produces
Units of output.

• A) 50
• B) 90
• C) 100
• D) 110
• E) 170

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Definitions:

Menstrual Cycle

The regular natural change that occurs in the female reproductive system that makes pregnancy possible, typically lasting about one month.

Fertile Window

The time in a woman's menstrual cycle during which she has the highest chance of becoming pregnant, typically a few days before and including the day of ovulation.

Days

Units of time equivalent to 24 hours, representing the period it takes for Earth to complete one rotation on its axis.

Monozygotic Twins

Twins resulting from the division of a single zygote after fertilization; also called identical twins; they are genetically similar.