Question: Please help, I can't figure out how to get the marginal cost, can you explain how to get the answer? Complete the following table: Quantity
Please help, I can't figure out how to get the marginal cost, can you explain how to get the answer?
Complete the following table:
| Quantity Q | Fixed Cost FC | Variable Cost VC | Total Cost TC = FC +VC | Marginal Cost MC= TC/Q |
| 0 | $108 | 0 | ||
| 1 | 12 | |||
| 2 | 48 | |||
| 3 | 108 | |||
| 4 | 192 | |||
| 5 | 300 | |||
| 6 | 432 | |||
| 7 | 588 | |||
| 8 | 768 | |||
| 9 | 972 | |||
| 10 | 1200 |
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
