Question: Table 2 Quantity Variable Fixed Total of Widgets Costs Costs Costs 0 $10 1 $1 2 $3 $13 3 $6 $16 4 $10 5 $25

Table 2 Quantity Variable Fixed Total of Widgets Costs Costs Costs

Table 2 Quantity Variable Fixed Total of Widgets Costs Costs Costs 0 $10 1 $1 2 $3 $13 3 $6 $16 4 $10 5 $25 6 $21 $10 Refer to Table 2. What is the marginal cost of producing the sixth widget? $1.00 $3.50 $5.00 $6.00 QUESTION 18

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