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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: 1221 days and 4 hours ago.
Category: Homework
Value: $2
Status: CLOSED
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Subject: microeconomics
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Expert:
Duncan Steiger-Bowers
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Answered:
7/21/2006
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Graduated from University.
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