Question: Given the data provided in the table below, what will the marginal cost be equal to if the current level of production is (Q) level

Given the data provided in the table below, what will the marginal cost be equal to if the current level of production is (Q) level 6 and then production will increase to the quantity (Q) level 7?

Q

P

TC

TR

MR

MC

Profit

0

$6

$12

1

$6

$13

2

$6

$18

3

$6

$21

4

$6

$29

5

$6

$36

6

$6

$38

7

$6

$42

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