The Above Figure Shows Some a Firm's Cost Curves and Its

question 251

Multiple Choice

The above figure shows some a firm's cost curves and its marginal revenue curve.
-The firm in the figure above has a total cost equal to ________.

• A) $5.14 × 7
• B) $3.00 × 7
• C) ($5.14 - $3.00) × 7
• D) ($3.00 - $5.14) × 7
• E) None of the above answers is correct because more information is needed.

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