-The marginal cost of the third unit produced is:

Name: -The marginal cost of the third unit produced is:
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Question

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Marginal cost is the cost of producing one additional unit of a product. If the total cost of producing 2 units is $30 and the total cost of producing 3 units is $78, the marginal cost of the third unit is the difference between these two amounts, which is $78 - $30 = $48.

-The Marginal Cost of the Third Unit Produced Is