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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 62
A firm has a fixed cost of $100,000, and variable cost is $90,000 at an output of one. How much is marginal cost at an output of one?
A) $10,000
B) $90,000
C) $100,000
D) $190,000
E) There is insufficient information to answer the question.
A) $10,000
B) $90,000
C) $100,000
D) $190,000
E) There is insufficient information to answer the question.
Explanation
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Microeconomics 9th Edition by Stephen Slavin
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