If the total cost for Chifundo to produce eight jackets is $90 and the marginal cost of the eighth jacket is $12, then the total cost of jackets is [11.3.3 Marginal Cost] - nine: $102 B) seven; $78 nine; $78 seven; $102

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter3: Demand Analysis
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Question 7
If the total cost for Chifundo to produce eight jackets is $90 and the marginal cost of the eighth jacket is $12, then the total cost of
jackets is
[11.3.3 Marginal Cost]
nine: $102
seven; $78
nine; $78
seven; $102
Transcribed Image Text:Question 7 If the total cost for Chifundo to produce eight jackets is $90 and the marginal cost of the eighth jacket is $12, then the total cost of jackets is [11.3.3 Marginal Cost] nine: $102 seven; $78 nine; $78 seven; $102
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