If Fixed Cost Is $8,000,variable Cost Is $5,000 at an Output

question 10

Multiple Choice

If fixed cost is $8,000,variable cost is $5,000 at an output of 2 and $9,000 at an output of 3,how much is marginal cost at an output of 3?

• A)$3,000
• B)$4,000
• C)$5,000
• D)$8,000
• E)There is not enough information to determine marginal cost at an output of 3.

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