OutputTFCTVCTCMCATCA2525В12525502550C225406532.53257095E2511033.75F52516050What is the marginal cost of the 4th unit of output?402550Cannot be determined.

The marginal cost is the cost of producing an additional one unit of output. It is calculated by…

Output TFC TVC TC MC ATC A 25 25 ------ ------ B 1 25 25 50 25 50 C 2 25 40 65 32.5 3 25 70 95 E 4 25 110 33.75 F 5 25 160 50 What is the marginal cost of the 4th unit of output? 40 25 50 Cannot be determined. O O

Output TFC TVC TC MC ATC A 25 25 ------ ------ B 1 25 25 50 25 50 C 2 25 40 65 32.5 3 25 70 95 E 4 25 110 33.75 F 5 25 160 50 What is the marginal cost of the 4th unit of output? 40 25 50 Cannot be determined. O O

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Output
TFC
TVC
TC
MC
ATC
A
25
25
В
1
25
25
50
25
50
C
2
25
40
65
32.5
3
25
70
95
E
25
110
33.75
F
5
25
160
50
What is the marginal cost of the 4th unit of output?
40
25
50
Cannot be determined.

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