If the marginal cost of producing the seventh sports jersey is $21,then the total cost of seven sports jerseys is:
A)$21.
B)$60.
C)$147.
D)The answer cannot be determined from the information provided.

Question

Quizplus · Accepted Answer

The marginal cost refers to the cost of producing one additional unit, in this case, the seventh jersey. Without information on the costs of the first six jerseys or the pattern of costs, we cannot determine the total cost of seven jerseys.

If the Marginal Cost of Producing the Seventh Sports Jersey