-Refer to Table 5.3. Assuming that costs are equally distributed for the odd output integers, the marginal cost of the sixth unit is
A) $49.
B) $98.
C) $310.
D) $80.
E) $261.

Question

-Refer to Table 5.3. Assuming that costs are equally distributed for the odd output integers, the marginal cost of the sixth unit is
A) $49. 
B) $98. 
C) $310. 
D) $80. 
E) $261.

Quizplus · Accepted Answer

The marginal cost is the additional cost of producing one more unit. If costs are equally distributed for odd output integers, the difference in cost between the fifth and sixth units represents the marginal cost of the sixth unit, which is $49.