If the total costs per day of producing 96, 97, 98, 99, and 100 T-shirts are $200, $217, $237, $255, and $280, respectively, the marginal cost of the 100th T-shirt is $280.

Name: If the total costs per day of producing 96, 97, 98, 99, and 100 T-shirts are $200, $217, $237, $255, and $280, respectively, the marginal cost of the 100th T-shirt is $280.
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Question

Quizplus · Accepted Answer

The marginal cost of the 100th T-shirt is the additional cost to produce the 100th shirt compared to the 99th, which is $280 - $255 = $25.

If the Total Costs Per Day of Producing 96, 97