A firm incurred the following costs in production. Use the information in the table to answer the question below.
| Output (bags of rice) | 0 | 10 | 20 | 30 | 40 | 50 | 60 |
| Total Cost ($) | 100 | 200 | 300 | 380 | 440 | 520 | 600 |
A. $10
B. $11
C. $60.
D. $80
Correct Answer:
Option B = $11
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