The Table Given Below Shows the Average Total Cost of Production

question 5

Multiple Choice

The table given below shows the average total cost of production of a firm at different levels of the output. Table 21.5
In Table 21.5, the marginal cost of producing the third unit of output is:

• A)$7.
• B)$8.
• C)$5.
• D)$4.
• E)$6.

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Definitions:

Discriminated

Treated differently or unjustly on the basis of characteristics such as race, age, gender, or disability.

Clinical Practice

The practice of assessing and treating patients in a healthcare setting, involving both the diagnosis and management of diseases and conditions.

Pluralistic

Characterized by a diversity of views and stands; in the context of society, it refers to the coexistence of different opinions, beliefs, and practices.

Diverse Ways

Varied or different methods, approaches, or manners in which something can be done or thought about.