Select the Answer That Expresses the Result of This Calculation

question 12

Multiple Choice

Select the answer that expresses the result of this calculation with the correct number of significant figures. 13.602 × 1.90 × 3.06
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× 1) 4097

• A)13.3568
• B)13.357
• C)13.36
• D)13.4
• E)13

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Definitions:

Short Run

A period during which at least one of a firm's inputs is fixed, limiting its capacity to adjust to changes in demand.

TC

Total Costs, the sum of all costs incurred in the production of goods or services.

TR

Total Revenue; the total receipts from sales of goods or services provided by a company before any deductions are made.

TVC

Total Variable Cost; the total of all costs that vary with the level of output produced by a company.