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

question 17

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)5¢
• C)$6
• D)$3

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Definitions:

Polygamy

A marital practice in which a person has more than one spouse simultaneously, not widely legal or socially accepted in many cultures.

Same-sex Cohabiting Relationships

Partnerships between individuals of the same sex who live together in a domestic setting without being legally married.

Cohabiting

The practice of cohabiting and engaging in intimate relations without formal marriage.

Married

A legally or formally recognized union of two people as partners in a personal relationship.