If Jakob, Who Runs a Sports Jersey Assembly Factory, Knows

question 195

Multiple Choice

If Jakob, who runs a sports jersey assembly factory, knows 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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