Given the data provided in the table below, what will the marginal cost equal for production at quantity Q) level 4?
Definitions:
Genetic Modification
The manipulation of an organism's genes using biotechnology, often to enhance or introduce specific traits not naturally occurring in the organism.
Herbicide-Resistant
Refers to plants that have developed the ability to survive applications of herbicides meant to kill them.
Fertilizer
A chemical or natural substance added to soil or land to increase its fertility and promote plant growth.
Cropland
Land that is used for or suitable for the cultivation of crops for agriculture.
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