Multiple Choice
A driver wishes to buy gasoline and have her car washed.She finds that the wash costs $3.00 when she buys 19 gallons at $1.00 each, but that if she buys 20 gallons, the car wash is free.Thus the marginal cost of the twentieth gallon of gas is:
A) -$2.00.
B) $0.00.
C) $1.00.
D) $2.00.
E) none of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Assets are valued:<br>A)in different ways, depending on
Q2: If the total cost of producing 6
Q4: If MC is less than AC, AC
Q5: If it is true that handling the
Q6: Use the following to answer questions :<br>Table
Q7: After-tax earnings are the total of dividends
Q8: If a firm produces more goods than
Q9: Use the following to answer questions :<br>Table
Q10: Costs that change as output changes:<br>A)fixed cost<br>B)variable
Q11: An accountant who forgets about depreciation charges