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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

Submitted: 1206 days and 16 hours ago.
Category: Homework
Value: $2
Status: CLOSED
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Subject: microeconomics

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Expert: Duncan Steiger-Bowers
Pos. Feedback: 100.0 %
Accepts: 59
Answered: 7/21/2006

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