3. If the cost is $8,000, variable cost is $5,000 at an output

Ask Your Homework Question. Homework Experts Answer You ASAP.

3. If the cost is $8,000, variable cost is $5,000 at an output of 2 and $9,000 at an output of 3, how much is marginal cost at an output of 3?

a.3,000
b.4,000
c.5,000
d.8,000

Optional Information:
Subject: microeconomics

Customer (name blocked for privacy)

Status: Closed Value: $2

THIS ANSWER IS LOCKED!
You can view this answer by clicking here to Register or Login and paying $3.

This question has been closed manually. You cannot post to this question unless the Customer relists it.

DISCLAIMER: Information in questions, answers, and other posts on JustAnswer ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), and do not establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations regarding the qualifications of Experts. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service.

JustAnswer > Homework

Microeconomics

Related Answers