(Table) Based on the table, is the marginal cost when moving from forty to forty-eight units. Assume TFC = $500TFCTCAFCAVCАТСMCOutputTVC$45012900211,350311,800402,250482,700543,150573,600574,050O A. 56.25B. 450O C. 48O D. 50Moving to another question will save this response.MacBook ProO O O吕口DIIF1F2F3F 4F5F 6F7F8F9F10$&24578ERTYUFGHK%#3

TFC=$500 TC=TVC+TFC MC=Change in total costChange in output

Answered: (Table) Based on the table, Output is…

(Table) Based on the table, Output is the marginal cost when moving from forty to forty-eight units. Assume TFC = $500 TC TVC TFC AFC AVC ATC $450

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

(Table) Based on the table, is the marginal cost when moving from forty to forty-eight units. Assume TFC = $500
TFC
TC
AFC
AVC
АТС
MC
Output
TVC
$450
12
900
21
1,350
31
1,800
40
2,250
48
2,700
54
3,150
57
3,600
57
4,050
O A. 56.25
B. 450
O C. 48
O D. 50
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