-The figure above shows the costs associated with producing paper. When paper is produced, there is some pollution runoff into a lake. The marginal private cost when output equals 2 tons of paper per week equals
A) $50 per ton
B) $100 per ton.
C) $150 per ton.
D) None of the above answers is correct.

Question

-The figure above shows the costs associated with producing paper. When paper is produced, there is some pollution runoff into a lake. The marginal private cost when output equals 2 tons of paper per week equals
A) $50 per ton 
B) $100 per ton. 
C) $150 per ton. 
D) None of the above answers is correct.

Quizplus · Accepted Answer

The marginal private cost is the cost of producing one more unit of output. In this case, the marginal private cost when output equals 2 tons of paper per week is $50 per ton. This is because the total cost of producing 2 tons of paper per week is $100, and the total cost of producing 1 ton of paper per week is $50.

-The Figure Above Shows the Costs Associated with Producing Paper