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Suppose That the Joint Cost (In Dollars) for Two Products

Question 54

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Suppose that the joint cost (in dollars) for two products is given by Suppose that the joint cost (in dollars)  for two products is given by   , where x represents the quantity of product X produced and y represents the quantity of product Y produced. Find and interpret the marginal cost with respect to y if 6 units of product X and 10 units of product Y are produced. ​ A)  If x remains at 6, the expected change in cost for an 11<sup>th</sup> unit of y is $32. B)  If x remains at 6, the expected change in cost for an 11<sup>th</sup> unit of y is $15. C)  If x remains at 6, the expected change in cost for an 11<sup>th</sup> unit of y is $20. D)  If x remains at 6, the expected change in cost for an 11<sup>th</sup> unit of y is $36. E)  If x remains at 6, the expected change in cost for an 11<sup>th</sup> unit of y is $51. , where x represents the quantity of product X produced and y represents the quantity of product Y produced. Find and interpret the marginal cost with respect to y if 6 units of product X and 10 units of product Y are produced. ​


A) If x remains at 6, the expected change in cost for an 11th unit of y is $32.
B) If x remains at 6, the expected change in cost for an 11th unit of y is $15.
C) If x remains at 6, the expected change in cost for an 11th unit of y is $20.
D) If x remains at 6, the expected change in cost for an 11th unit of y is $36.
E) If x remains at 6, the expected change in cost for an 11th unit of y is $51.

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