At Bert's Bootery, the total cost of producing twenty pairs of boots is $400. The marginal cost of producing the twenty-first pair of boots is $83. We can conclude that the
A)average variable cost of 21 pairs of boots is $23.
B)average total cost of 21 pairs of boots is $23.
C)average total cost of 21 pairs of boots is $15.09.
D)marginal cost of the 20th pair of boots is $20.

Question

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The Answer of At Bert's Bootery, the total cost of producing twenty pairs of boots is $400. The marginal cost of producing the twenty-first pair of boots is $83. We can conclude that the
A)average variable cost of 21 pairs of boots is $23.
B)average total cost of 21 pairs of boots is $23.
C)average total cost of 21 pairs of boots is $15.09.
D)marginal cost of the 20th pair of boots is $20.

At Bert's Bootery, the Total Cost of Producing Twenty Pairs