-The above table gives some of the costs of the Delicious Pie Company. The marginal cost of increasing pie output from 200 to 300 pies equals ________ per pie.
A) $1.800
B) $1,000
C) $8
D) $6

Question

-The above table gives some of the costs of the Delicious Pie Company. The marginal cost of increasing pie output from 200 to 300 pies equals ________ per pie.
A) $1.800 
B) $1,000 
C) $8 
D) $6

Quizplus · Accepted Answer

The marginal cost is calculated by taking the change in total cost divided by the change in quantity. If the total cost increases by $800 when output increases from 200 to 300 pies, the marginal cost is $800/100 = $8 per pie.

-The Above Table Gives Some of the Costs of the Delicious