Consider the Following Demand and Cost Information -Refer to the Table Above

question 9

Multiple Choice

Consider the following demand and cost information
$\begin{array} { | c | c | c | } \hline \text { Quantity } & \text { Price } & \text { Total Cost } \\\hline 0 & \text { R40 } & \text { R10 } \\\hline 1 & \text { R30 } & \text { R15 } \\\hline 2 & \text { R20 } & \text { R25 } \\\hline 3 & \text { R10 } & \text { R40 } \\\hline 4 & \text { R0 } & \text { R60 } \\\hline\end{array}$

-Refer to the table above. The marginal cost of the fourth unit is

• A) R60
• B) R40
• C) R20
• D) R10

---

Definitions:

Relative Permanence

The quality of a negotiable instrument that ensures its longevity.

Signature

A person's handwritten mark or its digital equivalent used to signify agreement, consent, or identification.

Movability

The quality of a negotiable instrument that ensures it is mobile and available.

Negotiable Instruments

Negotiable instruments are written orders or unconditional promises to pay a fixed amount of money on demand or at a set time to the bearer or to the order of a specified person.