When a firm produces 50,000 units of output, its total cost equals $6.5 million.When it increases its production to 70,000 units of output, its total cost increases to $9.4 million.Within this range, the marginal cost of an additional unit of output is
A)$41.43.
B) $134.29.
C)$135.
D)$145.

Question

Quizplus · Accepted Answer

The Answer of When a firm produces 50,000 units of output, its total cost equals $6.5 million.When it increases its production to 70,000 units of output, its total cost increases to $9.4 million.Within this range, the marginal cost of an additional unit of output is
A)$41.43.
B) $134.29.
C)$135.
D)$145.

When a Firm Produces 50,000 Units of Output, Its Total