Use the Table Below to Answer the Following Question

question 185

Multiple Choice

Use the table below to answer the following question.

What is the marginal cost of producing the third unit of output?

• A)$22
• B)$23.33
• C)$73.33
• D)This cannot be determined from the data.

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Definitions:

NOT Function

A logical operation that inverts its input; if the input is true, the output is false, and vice versa.

AND Function

A logical operation that returns true only if all the operands are true.

Boolean Equation

A mathematical expression using Boolean algebra, involving operators like AND, OR, NOT, representing logical relationships.