A driver wishes to buy gasoline and have her car washed.She finds that the wash costs $3.00 when she buys 19 gallons at $1.00 each, but that if she buys 20 gallons, the car wash is free.Thus the marginal cost of the twentieth gallon of gas is:
A) -$2.00.
B) $0.00.
C) $1.00.
D) $2.00.
E) none of the above.
Correct Answer:
Verified
Q1: If 25 units of a good are
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A)diminishing
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Figure
Q6: Marginal cost is the:
A)total cost divided by
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Q9: The intersection of the marginal cost curve
Q10: Costs that change as output changes:
A)fixed cost
B)variable
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