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Suppose Cyd Knows the Average Total Cost of Producing 9

Question 223

Multiple Choice

Suppose Cyd knows the average total cost of producing 9 scones is $5, while the average total cost of producing 10 scones is $5.20.What is the marginal cost of the 10th scone?


A) $7
B) $5.20
C) $0.20
D) $5

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