Table 13-12
Betty's Bakery

-Refer to Table 13-12.What is the marginal cost of the 2nd cake at Betty's Bakery?
A) $14
B) $15
C) $28
D) $34

Question

Table 13-12
Betty's Bakery
 
-Refer to Table 13-12.What is the marginal cost of the 2nd cake at Betty's Bakery?
A) $14 
B) $15 
C) $28 
D) $34

Quizplus · Accepted Answer

The marginal cost of the 2nd cake can be found in the "MC" column, which is $15. Therefore, the best choice(s) would be to produce/sell the 2nd cake since the marginal cost is less than the price of $20 listed in the "Price" column.

Table 13-12 Betty's Bakery