If it costs Danitra $225 to create four necklaces and $275 to create five necklaces,then $50 is the marginal cost of producing the fifth necklace.

Question

Quizplus · Accepted Answer

The marginal cost is the additional cost incurred by producing one more unit. In this case, the cost difference between creating four necklaces and creating five necklaces is $275 - $225 = $50, which means that the marginal cost of producing the fifth necklace is $50. Therefore, the statement is true.

If It Costs Danitra $225 to Create Four Necklaces and $275