9.3 Short-Run Decisions Assume the Following Total Cost Schedule for a Perfectly Competitive

question 127

Multiple Choice

9.3 Short-Run Decisions
Assume the following total cost schedule for a perfectly competitive firm.
TABLE 9-2
-Refer to Table 9-2.What is the marginal cost of producing the 2nd unit of output?

• A)$10
• B)$15
• C)$5
• D)$30
• E)$35

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