Table 13-3
Consider the following firm which makes high-performance racing bicycles.All costs are given in dollars.Output is shown on a monthly basis.The firm's fixed costs include a rent of $800 and a lease cost of $400 per month.
-Refer to Table 13-3.What is the marginal cost of producing the tenth bicycle in a given month?
A)$300
B)$304
C)$321
D)$340

Question

Table 13-3
Consider the following firm which makes high-performance racing bicycles.All costs are given in dollars.Output is shown on a monthly basis.The firm's fixed costs include a rent of $800 and a lease cost of $400 per month. 
-Refer to Table 13-3.What is the marginal cost of producing the tenth bicycle in a given month?
A)$300 
B)$304 
C)$321 
D)$340

Quizplus · Accepted Answer

The Answer of Table 13-3
Consider the following firm which makes high-performance racing bicycles.All costs are given in dollars.Output is shown on a monthly basis.The firm's fixed costs include a rent of $800 and a lease cost of $400 per month. 
-Refer to Table 13-3.What is the marginal cost of producing the tenth bicycle in a given month?
A)$300 
B)$304 
C)$321 
D)$340

Table 13-3 Consider the Following Firm Which Makes High-Performance Racing Bicycles.All Costs