Table 13-12
Betty's Bakery

-Refer to Table 13-12.What is the marginal cost of the 4th cake at Betty's Bakery?
A) $13
B) $15
C) $19
D) $64

Name: Table 13-12 Betty's Bakery -Refer to Table 13-12.What is the marginal cost of the 4th cake at Betty's Bakery? A) $13 B) $15 C) $19 D) $64
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Question

Table 13-12
Betty's Bakery
 
-Refer to Table 13-12.What is the marginal cost of the 4th cake at Betty's Bakery?
A) $13 
B) $15 
C) $19 
D) $64

Quizplus · Accepted Answer

The marginal cost of the 4th cake is $19, which is the difference between the total cost of producing 4 cakes and the total cost of producing 3 cakes.