Use the following to answer questions:
-(Table: Marginal Cost of Sweatshirts) Look at the table Marginal Cost of Sweatshirts. The marginal cost of the second sweatshirt is:

Question

Use the following to answer questions: 
-(Table: Marginal Cost of Sweatshirts) Look at the table Marginal Cost of Sweatshirts. The marginal cost of the second sweatshirt is:

Quizplus · Accepted Answer

The marginal cost is the additional cost of producing one more unit. If the cost of producing the first sweatshirt is $9 and the cost of producing two sweatshirts is $20, the marginal cost of the second sweatshirt is $20 - $9 = $11.

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