Situation 21-2
Alejandro is one of the leading widget producers in the country. At his current level of production, his total costs amount to $5,000, total fixed costs are $2,000, and average total costs are $250.
Refer to Situation 21-2. What is Alejandro's marginal cost at the present level of production?
A)$60
B)$80
C)$100
D)$200
E)There is not enough information to answer the question.

Question

Quizplus · Accepted Answer

Marginal cost cannot be determined from the given information as it requires data on the change in total cost with a change in output, which is not provided.

Situation 21-2 Alejandro Is One of the Leading Widget Producers in the in the Country