When a Firm Produces One Unit,the Variable Cost Is $3

question 47

Multiple Choice

When a firm produces one unit,the variable cost is $3.When the firm produces two units,the variable cost is $6.What is the marginal cost associated with two units of production?

• A) $2
• B) $0.5
• C) $6
• D) $3

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Definitions:

Persuasive Message

A message crafted to influence the audience's beliefs, attitudes, or actions by appealing to their emotions, logic, or credibility.

Logic

The study of principles of reasoning, especially of the structure of propositions and the nature of deductive inference.

Evidence

Information or facts presented in support of an assertion, claim, or case.

Credibility

The quality of being trusted and believed in based on a record of integrity and reliability.