Answer the question on the basis of the followng cost data. Average Fixed Cost Average variable Cost Output $ 50.00 $ 100.00 2 25.e0 8e.e0 3 16.67 66.67 4 12.50 65.00 10.e0 68.00 8.37 73.33 7 7.14 80.00 6.25 87.50 The marginal cost of the sixth unit of output is Multiple Choice
Answer the question on the basis of the followng cost data. Average Fixed Cost Average variable Cost Output $ 50.00 $ 100.00 2 25.e0 8e.e0 3 16.67 66.67 4 12.50 65.00 10.e0 68.00 8.37 73.33 7 7.14 80.00 6.25 87.50 The marginal cost of the sixth unit of output is Multiple Choice
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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
Transcribed Image Text:Answer the question on the basis of the following cost data.
Average Fixed
Cost
Average Variable
Cost
Output
1
$ 50.00
$ 100.00
2
25.00
80.00
3
16.67
66.67
4
12.50
65.00
5
10.00
68.00
8.37
73.33
7
7.14
80.00
6.25
87.50
The marginal cost of the sixth unit of output is
Multiple Cholce
$8.37.
$440.00.
$100.00.
$490.00.
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