Use the figure to answer the following question(s) .
Figure 9-11 
-Which of the following represents the firm's total cost of producing the profit-maximizing output in Figure 9-11?
Definitions:
UCC
The Uniform Commercial Code, a standardized set of laws and regulations for conducting business and commercial transactions in the United States.
Sale of Goods
A commercial transaction where tangible personal property is transferred from a seller to a buyer for a price.
Standardized Contracts
Agreements using set terms and conditions for consistent application across many transactions or participants.
Estoppel
That state of affairs that arises when one is forbidden by law from alleging or denying a fact because of his previous action or inaction.
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