Solved

Given the Total Cost Schedule Below, for Which Unit Is

Question 4

Multiple Choice

Given the total cost schedule below, for which unit is the marginal cost the lowest?
 Output 0123456 Total Cost 10253034354050\begin{array} { | l | l | l | l | l | l | l | l | } \hline \text { Output } & 0 & 1 & 2 & 3 & 4 & 5 & 6 \\\hline \text { Total Cost } & 10 & 25 & 30 & 34 & 35 & 40 & 50 \\\hline\end{array}


A) 2nd
B) 3rd
C) 4th
D) 5th

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions