Answered: Output Total Fixed Cost Total Variable…

Output Total Fixed Cost Total Variable Cost $9 $0 1 $9 $5 $8 $9 $9 $10 4 $9 $11 $9 $12 dollars. The marginal cost of producing the 3rd unit of output is O 9 O 19 O 2 O 10 3.

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 Total Fixed Cost Total Variable Cost
$9
$0
1
$9
$5
$8
$9
$9
$10
4
$9
$11
$9
$12
_dollars.
The marginal cost of producing the 3rd unit of output is
O 9
O 19
O 2
O 10
%24
3.
5.

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