-In the Above Figure,what Is the Marginal Cost of the 8th

question 322

Multiple Choice

-In the above figure,what is the marginal cost of the 8th pizza?

• A) $1.50
• B) $12
• C) $6
• D) $96
• E) 8 pizzas

---

Definitions:

Non-cash Assets

Assets that are not in the form of cash or not easily convertible to cash, such as property, plant, and equipment.

Book Value

The value of a company's asset as it appears on the balance sheet, calculated as the cost of the asset minus accumulated depreciation.

Merchandise Inventory

Goods or products that a retailer, wholesaler, or distributor holds for the purpose of selling to customers.

Gain on Realization

Profit recognized from selling an asset for more than its book value.