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Use the Table Below to Answer the Following Questions

Question 16

Multiple Choice

Use the table below to answer the following questions.
Table 11.2.3 Use the table below to answer the following questions. Table 11.2.3 -Refer to Table 11.2.3,which gives the total cost schedule for Brenda's Balloon Shop,a perfectly competitive firm.The marginal cost of increasing production from 4 balloons an hour to 5 balloons an hour is A) $1.00. B) $4.50. C) $4.70. D) $4.80. E) $4.40.
-Refer to Table 11.2.3,which gives the total cost schedule for Brenda's Balloon Shop,a perfectly competitive firm.The marginal cost of increasing production from 4 balloons an hour to 5 balloons an hour is


A) $1.00.
B) $4.50.
C) $4.70.
D) $4.80.
E) $4.40.

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