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Exhibit 22-8 -Exhibit 22-8 Shows How Output Varies with the Only Variable

Question 106

Multiple Choice

Exhibit 22-8
Exhibit 22-8 -Exhibit 22-8 shows how output varies with the only variable input used in its production.If the cost of a unit of labor is $500,what is the approximate marginal cost of the 185th unit of output? A) $2.50 B) $16.67 C) $12.50 D) $50.00 E) $100.00
-Exhibit 22-8 shows how output varies with the only variable input used in its production.If the cost of a unit of labor is $500,what is the approximate marginal cost of the 185th unit of output?


A) $2.50
B) $16.67
C) $12.50
D) $50.00
E) $100.00

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