Total Total Average Average Fixed Variable Total Variable Total Marginal Output (Q) Cost Cost Cost Cost Cost Cost 150 $500 $400 $900 $2.67 200 $500 $800 $1,300 $6.50 The table above shows costs for a firm. When Output (Q) changes from 150 to 200, Marginal Cost (MC) is equal to: Select one: а. $400 O b. $8.00 O c. $4.00 O d. $5.00
Total Total Average Average Fixed Variable Total Variable Total Marginal Output (Q) Cost Cost Cost Cost Cost Cost 150 $500 $400 $900 $2.67 200 $500 $800 $1,300 $6.50 The table above shows costs for a firm. When Output (Q) changes from 150 to 200, Marginal Cost (MC) is equal to: Select one: а. $400 O b. $8.00 O c. $4.00 O d. $5.00
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 9SQP
Related questions
Question
![36
Total
Total
Average
Average
Output
Fixed
Variable
Total
Variable
Total
Marginal
(Q)
Cost
Cost
Cost
Cost
Cost
Cost
I of
150
$500
$400
$900
$2.67
200
$500
$800
$1,300
$6.50
The table above shows costs for a firm. When Output (Q) changes from 150 to 200, Marginal Cost (MC) is equal to:
Select one:
a. $400
b. $8.00
c. $4.00
d. $5.00](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F193714d8-3c10-4709-93ec-78d72c25a76b%2Fe1fea71b-15f4-4a5c-a472-4ec9ef7dc88f%2F0sxardu_processed.png&w=3840&q=75)
Transcribed Image Text:36
Total
Total
Average
Average
Output
Fixed
Variable
Total
Variable
Total
Marginal
(Q)
Cost
Cost
Cost
Cost
Cost
Cost
I of
150
$500
$400
$900
$2.67
200
$500
$800
$1,300
$6.50
The table above shows costs for a firm. When Output (Q) changes from 150 to 200, Marginal Cost (MC) is equal to:
Select one:
a. $400
b. $8.00
c. $4.00
d. $5.00
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