Lucky Cow Dairy provided the following expense information for May: 
What is the total cost for the production category of the value chain?
Definitions:
Long Run
A period during which all inputs can be adjusted by firms, as opposed to the short run where some inputs are fixed.
Aggregate Demand Curve
A curve that represents the total demand for all goods and services in an economy at various price levels, typically downward sloping.
Price Level
The average of current prices across the entire spectrum of goods and services produced in the economy, a measure of inflation.
Consumers Feel Wealthier
A phenomenon where consumers perceive themselves to have more disposable income or wealth, leading to increased spending.
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