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Table PSM. Each of the following sellers can produce one fancy dress at the cost listed below. The market price of a fancy dress is
Table PSM.Each of the following sellers can produceonefancy dress at the cost listed below. The market price of a fancy dress is $1,000.
SellerCost
Abby$1,400
Bobby$1,200
Carlos$1,100
Dianne$750
Evalina$500
See Table PSM. The combined total production cost of all dresses sold is
a.$1,250.b.$2,700.c.$2,250.d.$3,700.
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