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sgy_89 sgy_89
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6 years ago
Suppose that a firm's fixed cost is $100, the marginal cost of the first unit of output is $20, the marginal cost of the second unit is $10, and the marginal cost of the third unit is $30. Then we can say that the total cost of producing three units of output is
A) $190.
B) $53.33.
C) $160.
D) $63.33.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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foliogefolioge
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6 years ago
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sgy_89 Author
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6 years ago
Thanks for your help!!
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Correct Slight Smile TY
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This helped my grade so much Perfect
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