(Table: Marginal Cost of Sweatshirts) Look at the Table Marginal

question 3

Essay

(Table: Marginal Cost of Sweatshirts) Look at the table Marginal Cost of Sweatshirts.The marginal cost of the third sweatshirt is:
A.$33.
B.$13.
C.$11.
D.$9.

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Definitions:

Trial-and-Error Methods

A problem-solving technique involving repeated, varied attempts which are continued until success, or until the agent stops trying.

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A variable pricing strategy based on understanding, anticipating, and influencing consumer behavior to maximize revenue or profits.

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A process by which a company determines levels of capacity, production, subcontracting, inventory, stockouts, and pricing over a specified time period.