If the Cost Function for a Commodity Is Dollars

question 224

Multiple Choice

If the cost function for a commodity is dollars, find the marginal cost at units, and tell what this predicts about the cost of producing 2 additional units. Round your answer to two decimal places. ​

• A) $27.00. The cost of producing 2 additional units is approximately $54.00.
• B) $106.00. The cost of producing 2 additional units is approximately $106.00.
• C) $53.00. The cost of producing 2 additional units is approximately $53.00.
• D) $53.00. The cost of producing 2 additional units is approximately $106.00.
• E) $6.75. The cost of producing 2 additional units is approximately $13.50.

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