Multiple Choice
At Fresh Hot Bakery,the average cost of making 20 baguettes is $1.00.The average cost of making 21 baguettes is $1.10.The marginal cost of the 21st baguettes is
A) $0.10.
B) $2.10.
C) $3.00.
D) $3.10.
Correct Answer:
Verified
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A)
A)
A) increase as output increases.
B)
A) variable cost![]()