Table 11-7
Table 11-7 shows cost data for Lotus Lanterns, a producer of whimsical night lights.
-Refer to Table 11-7. What is the marginal cost per unit of production when the firm produces 100 lanterns?
A) $420
B) $32
C) $11.10
D) $8.10

Question

Table 11-7
  Table 11-7 shows cost data for Lotus Lanterns, a producer of whimsical night lights.
-Refer to Table 11-7. What is the marginal cost per unit of production when the firm produces 100 lanterns?
A) $420 
B) $32 
C) $11.10 
D) $8.10

Quizplus · Accepted Answer

The Answer of Table 11-7
  Table 11-7 shows cost data for Lotus Lanterns, a producer of whimsical night lights.
-Refer to Table 11-7. What is the marginal cost per unit of production when the firm produces 100 lanterns?
A) $420 
B) $32 
C) $11.10 
D) $8.10

Table 11-7 Table 11-7 Shows Cost Data for Lotus Lanterns