The Table Below Shows Output,marginal Cost,and Average Variable Cost for the Production

question 96

Multiple Choice

The table below shows output,marginal cost,and average variable cost for the production of pairs of shoes.All costs are in dollars.
TABLE 7-6
-Refer to Table 7-6.Suppose there are no fixed costs.The firm reaches it's capacity level of output when its output is equal to ________ units.

• A)50
• B)110
• C)150
• D)190
• E)210

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Definitions:

Strategic Layout Decision

Decisions related to the physical arrangement of business resources to optimize processes and efficiency.

Inventory

The quantity of goods and materials on hand, typically in a warehouse or point of sale, waiting to be sold or used in production.

Servicescape

The physical surroundings in which a service takes place, and how they affect customers and employees.

Work Cell

An arrangement of machines and personnel that focuses on making a single product or family of related products.