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Suppose That the Joint Cost (In Dollars) for Two Products

Question 49

Multiple Choice

Suppose that the joint cost (in dollars) for two products is given by Suppose that the joint cost (in dollars)  for two products is given by   , where x represents the quantity of product X produced and y represents the quantity of product Y produced. Find and interpret the marginal cost with respect to y if 6 units of product X and 10 units of product Y are produced. ​ A)  If x remains at 6, the expected change in cost for an 11<sup>th</sup> unit of y is $32. B)  If x remains at 6, the expected change in cost for an 11<sup>th</sup> unit of y is $15. C)  If x remains at 6, the expected change in cost for an 11<sup>th</sup> unit of y is $20. D)  If x remains at 6, the expected change in cost for an 11<sup>th</sup> unit of y is $36. E)  If x remains at 6, the expected change in cost for an 11<sup>th</sup> unit of y is $51. , where x represents the quantity of product X produced and y represents the quantity of product Y produced. Find and interpret the marginal cost with respect to y if 6 units of product X and 10 units of product Y are produced. ​


A) If x remains at 6, the expected change in cost for an 11th unit of y is $32.
B) If x remains at 6, the expected change in cost for an 11th unit of y is $15.
C) If x remains at 6, the expected change in cost for an 11th unit of y is $20.
D) If x remains at 6, the expected change in cost for an 11th unit of y is $36.
E) If x remains at 6, the expected change in cost for an 11th unit of y is $51.

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