-The Figure Above Shows the Supply Curve for Soda

question 51

Multiple Choice

-The figure above shows the supply curve for soda.The market price is $1.00 per soda.The marginal cost of the 10,000th soda is

• A) $0.00.
• B) $0.50.
• C) $1.00.
• D) more than $0.50 and less than $1.00.
• E) None of the above answers is correct.

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Definitions:

Oil Shale

A type of sedimentary rock that contains kerogen, a mix of organic compounds from which liquid hydrocarbons can be produced.

Energy Resource

Any natural or artificial substance or mechanism that can be used to produce energy or power.

Fold

A bend in layers of rock or earth's crust caused by stress, resulting in curved or bent strata.

Impermeable Unit

A geological layer or structure that does not allow fluids to pass through it due to its low porosity or permeability.