The figure given below shows the cost curves of a firm. Figure 8.3 ATC: Average Total Cost
AVC: Average Variable Cost
MC: Marginal Cost
In Figure 8.3, what is marginal cost at a quantity of 120 units?
A)$35
B)$40
C)$55
D)$60
E)$4, 800

Question

The figure given below shows the cost curves of a firm. Figure 8.3  ATC: Average Total Cost
AVC: Average Variable Cost
MC: Marginal Cost
In Figure 8.3, what is marginal cost at a quantity of 120 units?
A)$35 
B)$40 
C)$55 
D)$60 
E)$4, 800

Quizplus · Accepted Answer

The Answer of The figure given below shows the cost curves of a firm. Figure 8.3  ATC: Average Total Cost
AVC: Average Variable Cost
MC: Marginal Cost
In Figure 8.3, what is marginal cost at a quantity of 120 units?
A)$35 
B)$40 
C)$55 
D)$60 
E)$4, 800

The Figure Given Below Shows the Cost Curves of a Firm