the supply curve of any firm is S_i(p) = p/2.If a firm produces 4 units of output, what are its total variable costs?

A) $16
B) $14
C) $24
D) $32
E) There is not enough information given to determine total variable costs.

Supply Curve

A graphical representation showing the relationship between the price of a good or service and the quantity supplied for a given period.

Variable Costs

Costs that vary directly with the level of production or service provision, such as materials and labor.

Output

The quantity of goods or services produced by a firm or industry.