The table given below shows the average total cost of production of a firm at different levels of the output. Table 7.5

-In Table 7.5,what is the total cost of producing 4 units?
A)$28
B)$10
C)$15
D)$20
E)$35

Question

The table given below shows the average total cost of production of a firm at different levels of the output. Table 7.5
 
-In Table 7.5,what is the total cost of producing 4 units?
A)$28 
B)$10 
C)$15 
D)$20 
E)$35

Quizplus · Accepted Answer

From the table, we can see that the average total cost of producing 4 units is $5. Therefore, the total cost of producing 4 units would be 4 multiplied by $5, which is equal to $20. Therefore, option D is the correct answer.

The Table Given Below Shows the Average Total Cost of Production