The Table Below Shows the Total Cost of Producing Different

question 27

Multiple Choice

The table below shows the total cost of producing different units of a commodity.Table 8.2

-Refer to Table 8.2. If the production of 2 extra units (units 11 and 12) increases total cost by $162, then:

• A)the marginal cost of the twelfth unit will be $162.
• B)the total cost of producing 12 units will be $894.
• C)the average variable cost of producing 11 units is $732.
• D)the average total cost of producing 12 units is $61.
• E)the marginal cost of the thirteenth unit will be $0.

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