Refer to the table shown. Marginal cost: $$\begin{array} { | c | c | }
\hline \begin{array} { c }
\text { Output } \
\text { (bicycles per week) }
\end{array} & \text { Tatal cast (dallars) } \
\hline 1 & 100 \
\hline 2 & 200 \
\hline 3 & 310 \
\hline 4 & 440 \
\hline 5 & 580 \
\hline 6 & 730 \
\hline 7 & 900 \
\hline 8 & 1,200 \
\hline
\end{array}$$
A)never increases.
B)decreases and then increases.
C)increases and then decreases.
D)never decreases.

Question

Refer to the table shown. Marginal cost: $$\begin{array} { | c | c | } 
\hline \begin{array} { c } 
\text { Output } \
\text { (bicycles per week) }
\end{array} & \text { Tatal cast (dallars) } \
\hline 1 & 100 \
\hline 2 & 200 \
\hline 3 & 310 \
\hline 4 & 440 \
\hline 5 & 580 \
\hline 6 & 730 \
\hline 7 & 900 \
\hline 8 & 1,200 \
\hline
\end{array}$$
A)never increases.
B)decreases and then increases.
C)increases and then decreases.
D)never decreases.

Quizplus · Accepted Answer

The marginal cost increases at each step, as seen by the increasing difference in total cost for each additional bicycle produced, indicating it never decreases.

Refer to the Table Shown A)never Increases