-In Exhibit H-3 the marginal cost of the five hundredth unit of output is

Name: -In Exhibit H-3 the marginal cost of the five hundredth unit of output is
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The marginal cost of producing an additional unit is the cost incurred by producing one more unit of a product or service. If Exhibit H-3 shows that the cost of producing the 500th unit is $8 more than the cost of producing the 499th unit, then the marginal cost of the 500th unit is $8.

-In Exhibit H-3 the Marginal Cost of the Five Hundredth