Table 11-7 Table 11-7 Shows Cost Data for Lotus Lanterns, a Producer

question 244

Multiple Choice

Table 11-7

Table 11-7 shows cost data for Lotus Lanterns, a producer of whimsical night lights.
-Refer to Table 11-7.What is the average variable cost per unit of production when the firm produces 90 lanterns?

• A)$490
• B)$33.67
• C)$7.67
• D)$5.44

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