Table 13-10 Suppose That a Firm in a Competitive Market Faces the Faces

question 254

Multiple Choice

Table 13-10
Suppose that a firm in a competitive market faces the following revenues and costs:

-Refer to Table 13-10.The marginal cost of producing the 4th unit is

• A) $7.
• B) $8.
• C) $10.
• D) $23.

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