A Firm Has a Fixed Cost of $2,000,and at an Output

question 122

Multiple Choice

A firm has a fixed cost of $2,000,and at an output of one,variable cost is $1,500.How much is marginal cost at an output of 1?

• A)$1,000
• B)$1,500
• C)$2,000
• D)$3,500
• E)There is insufficient information to find marginal cost at an output of 1.

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