Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![QUESTION 10
Answer the question on the basis of the following cost data
OUTPUT
TOTAL COSTS
$24
1
33
41
48
4.
54
15
61
6.
69
Refer to the data. The total variable cost of producing 5 units is:
A. $61 OB. S48 C. S37 O D. S24](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4f6255e0-f842-4a6e-b0a5-7787efa27731%2F9e93c5cb-5c60-4d43-9688-125b95db144e%2Ftgko5hr_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 10
Answer the question on the basis of the following cost data
OUTPUT
TOTAL COSTS
$24
1
33
41
48
4.
54
15
61
6.
69
Refer to the data. The total variable cost of producing 5 units is:
A. $61 OB. S48 C. S37 O D. S24
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