When Output Expands from the Fourth to the Fifth Unit,the

question 33

Multiple Choice

When output expands from the fourth to the fifth unit,the total variable cost of production rises from $400 to $500,while the total fixed cost remains constant at $100.Compute the marginal cost of producing the fifth unit.

• A)$50
• B)$200
• C)$400
• D)$100

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A maritime practice which justifies extreme measures for survival at sea, historically including cannibalism.