Multiple Choice
At Fresh Hot Bakery,the average cost of making 20 baguettes is $1.00.The average cost of making 21 baguettes is $1.10.The marginal cost of the 21st baguettes is
A) $0.10.
B) $2.10.
C) $3.00.
D) $3.10.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q69: Suppose that at Jones & Smith Shoe
Q70: If a firm's production process exhibits diseconomies
Q71: Marginal cost<br>A) is the increase in total
Q72: When detailing the cost of producing electricity
Q73: When the long-run cost curve is negatively
Q75: Which of the following industries is most
Q76: Dan owns a factory that manufactures smartphones.He
Q77: Suppose that an increase in the scale
Q78: If average variable cost decreases as output
Q79: Suppose marginal cost is $5.Average variable costs