If the total cost of producing 6 units is $228 and the total cost of producing 7 units is $245, what is the marginal cost of producing 7 units?
A) $35
B) $38
C) $245
D) $3
E) $17
Correct Answer:
Verified
Q6: In the long run,
A)most of the firm's
Q7: The addition to total variable cost when
Q8: Which of the following is a good
Q9: In the long run, only fixed costs
Q10: Fixed costs exist in
A)both the long run
Q12: Which of the following does not change
Q13: Exhibit 8-2 Q14: Which of the following is the best Q15: Fixed costs exist Q16: Exhibit 8-2 ![]()
A)in both the short run![]()
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