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21 Oct 2020
Refer to the cost and revenue schedule below. What is the marginal cost of increasing production to 4 units from 3 units of good?
Units of good sold
Cost
Revenue
1
10
15
2
15
30
3
20
45
4
35
60
Refer to the cost and revenue schedule below. What is the marginal cost of increasing production to 4 units from 3 units of good?
Units of good sold |
Cost |
Revenue |
1 |
10 |
15 |
2 |
15 |
30 |
3 |
20 |
45 |
4 |
35 |
60 |
Kristelle BalandoLv10
21 Oct 2020