What is the marginal cost, if the cost function given is C(Y)=6Y²?a) Y?b) 3Yc) 6Yd) 12Y

Marginal cost refers to an additional cost that occurs from producing one more unit of output.

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Economics

What is the marginal cost, if the cost function given is C(Y)=6 a) Y? b) 3Y c) 6Y d) 12Y

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter11: The Firm: Production And Costs

Section: Chapter Questions

Problem 18P

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