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-What Is the Marginal Cost for the 5th Unit of }

Question 1

Multiple Choice


 Level of  Total  Total  Marginal  Marginal  Net  Activit  Beneft  Cost  Benefit  Cost  Benefit 00xxxx0110050215001003160115460517956741206825190\begin{array}{cccccc}\text { Level of } & \text { Total } & \text { Total } & \text { Marginal } & \text { Marginal } & \text { Net } \\\text { Activit } & \text { Beneft } & \text { Cost } & \text { Benefit } & \text { Cost } & \text { Benefit }\\\hline0&-&0&xx&xx&0\\1&100&50&-&-&-\\2&-&-&150&0&100\\3&-&-&-&160&115\\4&605&-&-&179&-\\5&-&674&120&-&-\\6&825&-&-&190&-\end{array}
-What is the marginal cost for the 5th unit of the activity?


A) 180
B) 175
C) 189
D) 186
E) none of the above

Correct Answer:

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