Asked by Hussain Khudair on Jul 04, 2024
Verified
(Table: Marginal Cost of Sweatshirts) Use Table: Marginal Cost of Sweatshirts.The marginal cost of the fifth sweatshirt is:
A) $17.
B) $15.
C) $13.
D) $11.
Marginal Cost
The increase or decrease in the total cost that arises when the quantity produced is incremented by one unit.
- Apprehend the concept of marginal cost and its effect on the decision-making aspect of production.
Verified Answer
SG
Sarah GreenJul 10, 2024
Final Answer :
A
Explanation :
The marginal cost of the fifth sweatshirt is $17, as indicated by the data provided in the table.
Learning Objectives
- Apprehend the concept of marginal cost and its effect on the decision-making aspect of production.
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