Scott owns a law-enforcement training operation in Collingwood. He employs three trainers. The last trainer Scott hired increased Scott's total cost by $466 per week even though the trainer brought in only one new client. Hence Scott's
A) total variable cost equals $466.
B) marginal cost of the last client equals $466.
C) marginal cost of the last worker equals $233.
D) total fixed cost of the last client equals $466.
E) total variable cost equals $233.

Question

Quizplus · Accepted Answer

The marginal cost of the last client equals the additional cost Scott incurred for hiring the last trainer, which is $466 per week. Therefore, the correct choice is B.

Scott Owns a Law-Enforcement Training Operation in Collingwood