At Bert's Bootery, the total cost of producing twenty pairs of boots is $400. The marginal cost
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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 average
a. variable cost of 21 pairs of boots is $23.
b. total cost of 21 pairs of boots is $23.
c. total cost of 21 pairs of boots is $15.09.
d. total cost of 21 pairs of boots cannot be calculated from the information given.
what is the answer and why
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