A Playground Equipment Manufacturer Plans to Spend $300,000 on a New

Multiple Choice

A playground equipment manufacturer plans to spend $300,000 on a new facility plus $160 for each swing set made.The formula C = 160n + 300,000 gives the cost in dollars to manufacture n swing sets. What is the marginal cost of the nth swing set? [Hint - the marginal cost of the nth swing set is the difference in cost of producing n + 1 swing sets and n swing sets) .

A) $170
B) $160
C) $300,000
D) $320