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Home Q & A Board Other Fields Homework Help Business Economics
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sinerus sinerus
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6 years ago
In the short run, the marginal cost of producing the first unit of output is $50, the marginal cost of the second unit of output is $20, and the marginal cost of producing the third unit of output is $16. The firm's total cost of producing three units of output is
A) $16.
B) $48.
C) $86.
D) Cannot be determined from the information provided
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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6 years ago
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sinerus Author
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6 years ago
Thanks for your help!!
kater28
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Yesterday
Correct Slight Smile TY
emilyas19
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2 hours ago
this is exactly what I needed
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