If Angelo's Pizza Restaurant has a constant marginal cost of $50 for each additional table in the restaurant and a constant marginal cost of $12 for operating each additional table, what is Angelo's long- run marginal cost per table?
A)$38
B)$62
C)$12
D)$50

Question

Quizplus · Accepted Answer

In the long run, marginal cost includes both the cost of adding an additional table ($50) and the cost of operating that table ($12), totaling $62.

If Angelo's Pizza Restaurant Has a Constant Marginal Cost of $50