-Refer to Scenario 2.The marginal cost of the sixth unit of output is:
A)$1.33.
B)$7.50.
C)$8.00.
D)$45.00.

Name: -Refer to Scenario 2.The marginal cost of the sixth unit of output is: A)$1.33. B)$7.50. C)$8.00. D)$45.00.
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

-Refer to Scenario 2.The marginal cost of the sixth unit of output is:
A)$1.33. 
B)$7.50. 
C)$8.00. 
D)$45.00.

Quizplus · Accepted Answer

The marginal cost is the additional cost of producing one more unit. If the cost of producing the sixth unit is $8.00, then the marginal cost of the sixth unit is $8.00.