Microeconomics: Private and Public Choice (MindTap Course List)
Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN: 9781305506893
Author: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher: Cengage Learning
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Transcribed Image Text:Given the table below, what is the marginal cost of the 300th unit of output? Output 100 Total Cost Total Total Average Fixed Variable Fixed Average Average Variable Total Marginal Cost Cost Cost Cost Cost Cost 560 60 200 4.00 300 4.00 400 7.00 0ドル.14 2ドル.40 4ドル.00 7ドル.40 none of these are correct.
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