The production of good X increases from 12 units to 13 units. As a result, an extra cost of $2.35 is incurred.

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The production of good X increases from 12 units to 13 units. As a result, an extra cost of $2.35 is incurred.

which one is true?

The marginal revenue for the firm is $2.35.
The average variable cost for the firm is $2.35.
The marginal cost for the firm is $2.35.
The average total cost for the firm is $2.35.
The average marginal cost for the firm is $2.35.

2007-02-07 03:50:55 · 3 answers · asked by stevie 1 in Social Science ➔ Economics

3 answers

The marginal cost for the firm is $2.35.

2007-02-07 07:44:37 · answer #1 · answered by JuanB 7 · 0⤊ 0⤋

The marginal cost of the firm is 2.35 since the marginal cost is the cost of an aditional unit of production.

2007-02-08 12:54:23 · answer #2 · answered by ganapan7 3 · 0⤊ 0⤋

WHAT??????????????????/

2007-02-07 11:54:56 · answer #3 · answered by smileyOne 3 · 0⤊ 1⤋