Multiple Choice
Table 9.3
Table 9.3 shows cost data for Lotus Lanterns, a producer of whimsical night lights.
-Refer to Table 9.3.What is the marginal cost per unit of production when the firm produces 100 lanterns?
A) $420
B) $32
C) $11.1
D) $8.1
Correct Answer:
Verified
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