Refer to the Following $\begin{array}{rr}\text { Output } & \text { Total Cost } \\\hline 0 & \$ 300 \\50 & 800 \\100 & 1050 \\150 & 1650 \\200 & 2400\end{array}$

question 39

Multiple Choice

Refer to the following:

$\begin{array}{rr}\text { Output } & \text { Total Cost } \\\hline 0 & \$ 300 \\50 & 800 \\100 & 1050 \\150 & 1650 \\200 & 2400\end{array}$
-The additional cost of producing the 60th unit of output is:

• A) $5
• B) $250
• C) $8
• D) $120
• E) $80

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Definitions:

Intuiting

The process of understanding or knowing something without the need for conscious reasoning or direct evidence.

Cognitive Style

An individual’s preferred method for gathering information and evaluating alternatives.

Evaluating Alternatives

The process of comparing and assessing different options in order to select the most appropriate or effective solution to a problem.

Gathering Information

The act of collecting data or facts from various sources for analysis or decision-making.