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If a Firm's Total Costs Are $75 When It Produces

Question 249

Multiple Choice

If a firm's total costs are $75 when it produces 10 units of output and $80 when it produces 11 units of output, then the marginal cost of producing the 11th unit is


A) $1.
B) $5.
C) $8.09.
D) $10.

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