Answer the Question on the Basis of the Following Cost

question 46

Multiple Choice

Answer the question on the basis of the following cost data for a purely competitive seller: $\begin{array}{ccc}\begin{array}{c}&\text { Total } \\\text { Total }&\text { Fixed } \\\text { Output }&\text { Cost }\\\hline0&\$50\\1 & 50 \\2 & 50 \\3 & 50 \\4 & 50 \\5 & 50 \\6 & 50\end{array}\begin{array}{cc}\text { Total } &\\\text { Variable }&\text { Total } \\\text { Cost }&\text { Cost }\\\hline\$ 0 & \$ 50 \\70 & 120 \\120 & 170 \\150 & 200 \\220 & 270 \\300 & 350 \\390 & 440\end{array}\end{array}$ Refer to the data.The marginal cost of the fifth unit of output is:

• A) $80.
• B) $90.
• C) $50.
• D) $20.

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Definitions:

Suburbs

Residential areas situated on the outskirts of cities and towns, typically characterized by lower population density than urban centers but more than rural areas.

Central Cities

The core urban area of a metropolitan region, often containing the major economic, political, and cultural institutions of that region.

Annexed Outlying Areas

Territories that have been formally incorporated into a country or state but lie outside its primary geographical boundaries.

Ku Klux Klan

A secret society in the southern U.S. that focuses on white supremacy, white nationalism, and anti-immigration, notorious for its violence against African Americans and other groups.