Use the following to answer questions:
-(Figure and Table: Variable, Fixed, and Total Costs) Look at the figure and table Variable, Fixed, and Total Costs. The marginal cost of increasing production from 51 to 64 bushels of wheat is:
A) $16.00.
B) $15.38.
C) $12.50.
D) $18.75.

Question

Use the following to answer questions: 
-(Figure and Table: Variable, Fixed, and Total Costs) Look at the figure and table Variable, Fixed, and Total Costs. The marginal cost of increasing production from 51 to 64 bushels of wheat is:
A) $16.00. 
B) $15.38. 
C) $12.50. 
D) $18.75.

Quizplus · Accepted Answer

The Answer of Use the following to answer questions: 
-(Figure and Table: Variable, Fixed, and Total Costs) Look at the figure and table Variable, Fixed, and Total Costs. The marginal cost of increasing production from 51 to 64 bushels of wheat is:
A) $16.00. 
B) $15.38. 
C) $12.50. 
D) $18.75.

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