If an Increase in Output from 5 to 10 Teapots

question 134

Multiple Choice

If an increase in output from 5 to 10 teapots increases total cost from $100 to $200,the marginal cost of one of those 5 teapots is

• A)$10.
• B)$20.
• C)$22.
• D)$25.
• E)dependent upon the amount of extra labour used.

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Definitions:

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