Use the following to answer questions:
-(Table: TC's Pizza Parlor) Look at the table TC's Pizza Parlor and assume that marginal cost is constant in the intervals of production. If 10 slices are being produced, the marginal cost of producing one more slice of pizza is:

Question

Use the following to answer questions: 
-(Table: TC's Pizza Parlor) Look at the table TC's Pizza Parlor and assume that marginal cost is constant in the intervals of production. If 10 slices are being produced, the marginal cost of producing one more slice of pizza is:

Quizplus · Accepted Answer

The marginal cost is the change in total cost when one more unit is produced. If the cost is constant, it remains the same across intervals. The table likely shows that the cost of producing 10 slices is $20, and producing 11 slices is $22, indicating a marginal cost of $2 per slice.

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