-Paulette owns a pizza parlor.Her total cost schedule is in the above table.Her marginal cost of producing the fifth pizza is
A) $8.
B) between $8.01 and $10.00.
C) between $10.01 and $14.00.
D) between $14.01 and $78.00.
E) more than $78.01.

Question

-Paulette owns a pizza parlor.Her total cost schedule is in the above table.Her marginal cost of producing the fifth pizza is
A) $8. 
B) between $8.01 and $10.00. 
C) between $10.01 and $14.00. 
D) between $14.01 and $78.00. 
E) more than $78.01.

Quizplus · Accepted Answer

Marginal cost is the change in total cost divided by the change in quantity. The marginal cost of producing the fifth pizza is (14-6)/5 = $8.

-Paulette Owns a Pizza Parlor