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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Definitions:

Perceptions

The way in which something is regarded, understood, or interpreted.

Symbolic Form

A way of representing logical propositions using symbols to denote operation and variables, for clarity and simplification in logic and mathematics.

Components

The distinct parts or elements that make up a whole system, device, or machine.

Connective

In logic, a word or phrase that connects clauses or sentences, such as "and," "or," "if... then."