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

question 45

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 marginal cost per unit of production when the firm produces 100 lanterns?

• A)$420
• B)$32
• C)$11.1
• D)$8.1

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