If the variable cost of producing five pairs of shoes is $50 and the variable cost of producing six pairs is $80, which statement is TRUE?

Name: If the variable cost of producing five pairs of shoes is $50 and the variable cost of producing six pairs is $80, which statement is TRUE?
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Quizplus · Accepted Answer

The marginal cost of the sixth pair is calculated by subtracting the total variable cost of producing five pairs ($50) from the total variable cost of producing six pairs ($80), which equals $30.

If the Variable Cost of Producing Five Pairs of Shoes