Multiple Choice
Use the table below to answer the following questions.
Table 12.2.3
-Refer to Table 12.2.3, which gives the total cost schedule for Brenda's Balloon Shop, a perfectly competitive firm. The marginal cost of increasing production from 4 balloons an hour to 5 balloons an hour is
A) $1.00.
B) $4.50.
C) $4.70.
D) $4.80.
E) $4.40.
Correct Answer:

Verified
Correct Answer:
Verified
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