Use the following table to answer question

-What is the marginal cost of producing the third unit?
A)60
B)70
C)90
D)110

Question

Use the following table to answer question
 
-What is the marginal cost of producing the third unit?​
A)​60 
B)70 
C)90 
D)​110

Quizplus · Accepted Answer

The marginal cost of producing the third unit is the change in total cost from producing two units to producing three units. The total cost of producing two units is $120, and the total cost of producing three units is $180. Therefore, the marginal cost of producing the third unit is $180 - $120 = $60.

Use the Following Table to Answer Question