Notice the costs of production for a firm in the table below. What are the total costs for outputs of 7 units and 8 units respectively? 
Definitions:
Corporate Income Tax
A tax imposed on the net income of corporations, calculated after allowable deductions and credits.
Federal Personal Income Tax
A tax levied by the federal government on the annual income of individuals.
Federal Tax Revenue
The financial income generated by the government through taxation, which includes individual income taxes, corporate taxes, and other taxes.
Individual Income Taxes
Taxes levied by a government on the income earned by individuals or households within their jurisdiction.
Q61: Accounting profits are typically<br>A)greater than economic profits
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Q347: The total cost of the firm<br>A)includes explicit