menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Principles Applications
  4. Exam
    Exam 8: Production Technology and Cost
  5. Question
    If a Firm Spends $200 to Produce 20 Units of Output
Solved

If a Firm Spends $200 to Produce 20 Units of Output

Question 95

Question 95

Multiple Choice

If a firm spends $200 to produce 20 units of output and spends $440 to produce 40 units of output,then the marginal cost of this increase in output is


A) $10.
B) $12.
C) $20.
D) $22.

Correct Answer:

verifed

Verified

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

Related Questions

Q41: Comment on the following statement: "In the

Q47: Your friend Harry has quit his $20,000-a-year

Q90: If the price of a fixed factor

Q91: Scenario 8.1: Ana used to work for

Q92: Suppose that at the Pollo Loco Restaurant,5

Q93: Economic costs are measured by all monetary

Q97: Recent innovations in photovoltaic technology have reduced

Q99: Accounting costs include explicit and implicit costs.

Q100: A fixed cost can be thought of

Q375: Average variable cost and average total costs

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines