-In the above table, the marginal cost of the fourth unit is
A) $1.00.
B) $2.00.
C) $6.00.
D) $24.00.

Name: -In the above table, the marginal cost of the fourth unit is A) $1.00. B) $2.00. C) $6.00. D) $24.00.
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Question

-In the above table, the marginal cost of the fourth unit is
A) $1.00. 
B) $2.00. 
C) $6.00. 
D) $24.00.

Quizplus · Accepted Answer

The marginal cost of the fourth unit is the change in total cost from producing 3 units to producing 4 units. This is $6.00 - $4.00 = $2.00.

-In the Above Table, the Marginal Cost of the Fourth