When a Firm Produces 50,000 Units of Output, Its Total

question 207

Multiple Choice

When a firm produces 50,000 units of output, its total cost equals $6.5 million.When it increases its production to 70,000 units of output, its total cost increases to $9.4 million.Within this range, the marginal cost of an additional unit of output is

• A)$41.43.
• B) $134.29.
• C)$135.
• D)$145.

---

Definitions:

Print Orientation

The arrangement of a document's page layout when being printed, such as portrait or landscape orientation.

Landscape

An orientation of a page, screen, or image where the width is greater than the height.

Shutter Bar Open/Close

A user interface feature in some applications that allows for the expansion or collapse of sidebar menus for navigating between different sections or tools.

Navigation Pane

A feature in software applications that allows users to easily locate and manage different elements of a document or database, providing quick access to specific sections.