-What Is the Marginal Cost of the 1^st Unit of }

question 66

Multiple Choice

$\begin{array}{cccccc}\text { Level of } & \text { Total } & \text { Total } & \text { Marginal } & \text { Marginal } & \text { Net } \\\text { Activit } & \text { Beneft } & \text { Cost } & \text { Benefit } & \text { Cost } & \text { Benefit }\\\hline0&-&0&xx&xx&0\\1&200&30&-&-&-\\2&-&-&100&-&230\\3&-&-&-&50&270\\4&450&-&-&65&-\\5&-&255&30&-&-\\6&500&-&-&75&-\end{array}$
-What is the marginal cost of the 1^st unit of the activity?

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Definitions:

Pie Charts

A type of graph that represents data as slices of a circle, with each slice size proportional to the quantity it represents.

Nominal Variables

Nominal variables are categorical data without a natural order or ranking among the categories.

Bar Charts

A graphical representation of data where individual categories are denoted by bars of different lengths according to their value.

Playoff System

A knockout or elimination format used in sports and other competitive activities to determine a champion from among the top contenders.