A firm has a fixed cost of $100,000, and variable cost is $90,000 at an output of
Question:
A firm has a fixed cost of $100,000, and variable cost is $90,000 at an output of one. How much is marginal cost at an output of one?
a) $10,000
b) $90,000
c) $100,000
d) $190,000
e) There is insufficient information to answer the question.
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The correct answer is b 90000 Heres how we can find the marginal cost at an output of one ...View the full answer
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