Consider the Following Total Cost Schedule for a Perfectly Competitive

question 67

Multiple Choice

Consider the following total cost schedule for a perfectly competitive firm producing ball-point pens.
TABLE 9-3
-Refer to Table 9-3.As this firm increases output from 40 units to 50 units per period,its marginal cost rises to

• A)$0.10.
• B)$0.17.
• C)$0.375.
• D)$0.40.
• E)$0.50.

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