Use the data in the table to find the marginal cost of producing the 6th units of output. Q P TC TR MR MC Profit 0 $5 $9         1 $5 $10         2 $5 $12         3 $5 $15         4 $5 $19         5 $5 $24         6 $5 $30         7 $5 $45

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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#38

Use the data in the table to find the marginal cost of producing the 6th units of output.

Q P TC TR MR MC Profit
0 $5 $9        
1 $5 $10        
2 $5 $12        
3 $5 $15        
4 $5 $19        
5 $5 $24        
6 $5 $30        
7 $5 $45        
 

Question 38 options:

 

a) 

$6.00
 

b) 

4.$30.00
 

c) 

$27.00
 

d) 

$5.00
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