Answer the question on the basis of the accompanying table that shows average total costs (ATC)for a manufacturing firm whose total fixed costs are $10. The marginal cost of the fourth unit of output is
A)$2.
B)$12.
C)$37.
D)$16.

Question

Answer the question on the basis of the accompanying table that shows average total costs (ATC)for a manufacturing firm whose total fixed costs are $10.  The marginal cost of the fourth unit of output is
A)$2. 
B)$12. 
C)$37. 
D)$16.

Quizplus · Accepted Answer

The Answer of Answer the question on the basis of the accompanying table that shows average total costs (ATC)for a manufacturing firm whose total fixed costs are $10.  The marginal cost of the fourth unit of output is
A)$2. 
B)$12. 
C)$37. 
D)$16.

Answer the Question on the Basis of the Accompanying Table