If the Variable Cost of Producing Five Pairs of Shoes

question 162

Multiple Choice

If the variable cost of producing five pairs of shoes is $50 and the variable cost of producing six pairs is $80, which statement is TRUE?

• A) The marginal cost of the sixth pair is $80.
• B) The total cost of producing six pairs is $130.
• C) The average variable cost of the sixth pair is $10.
• D) The average variable cost of the fifth pair is $10.

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Definitions:

Mucus

A slippery secretion produced by mucous membranes, serving to protect and lubricate surfaces.

Basement Membrane

A thin layer of extracellular matrix that separates epithelial or endothelial cells from the underlying connective tissue, providing support and regulation.

Hemidesmosomes

Specialized cell structures involved in the attachment of a cell to the extracellular matrix or basement membrane.

Adhesion Belt

A structure within epithelial cells, made of cadherin proteins, that helps in cell-cell adhesion, maintaining the structural integrity of tissues.