Multiple Choice
Pookie's Pinball Palace restores old Pinball machines.Pookie has just spent $300 purchasing and cleaning a 1960s-era machine which he expects to sell for $2,000 once he is finished with the restoration.After having spent $300, Pookie discovers that he will need to rewire the entire machine at a cost of $1,100 in order to finish the restoration.Alternatively, he can sell the machine "as is" now for $1,000.What is the marginal cost of completing the task?
A) $300
B) $800
C) $1,100
D) $1,400
Correct Answer:
Verified
Correct Answer:
Verified
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