Refer to the following:

-In the above figure, what is the TOTAL cost of producing 5 units of output?
A) $10
B) $60
C) $100
D) $225
E) $2,000

Name: Refer to the following: -In the above figure, what is the TOTAL cost of producing 5 units of output? A) $10 B) $60 C) $100 D) $225 E) $2,000
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Question

Refer to the following:
 
-In the above figure, what is the TOTAL cost of producing 5 units of output?
A) $10 
B) $60 
C) $100 
D) $225 
E) $2,000

Quizplus · Accepted Answer

The total cost of producing 5 units of output is $100. This is because the fixed cost is $50 and the variable cost is $10 per unit. So, the total cost is $50 + (10 * 5) = $100.

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