Refer to the information provided in Figure 8.3 below to answer the question(s) that follow. Figure 8.3
-Refer to Figure 8.3. The marginal cost of the 10th basketball is
A) $2.
B) $3.
C) $3.05.
D) $5.80.

Question

Refer to the information provided in Figure 8.3 below to answer the question(s) that follow.  Figure 8.3
-Refer to Figure 8.3. The marginal cost of the 10th basketball is
A) $2. 
B) $3. 
C) $3.05. 
D) $5.80.

Quizplus · Accepted Answer

The marginal cost of the 10th basketball is $2, as shown by the vertical distance between the MC curve and the horizontal axis at a quantity of 10.

Refer to the Information Provided in Figure 8