The Table Below Shows the Total Cost of Producing Different

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.

Correct Answer:

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