Question: What would be the answer to this question. Please explain step by step. Question: When a firm produces one unit, the variable cost is $2.

What would be the answer to this question. Please explain step by step.

Question:

When a firm produces one unit, the variable cost is $2. When the firm produces two units, the variable cost is $5. When the firm produces three units, the variable cost is $8. What is the marginal cost associated with three units of production?

Choices are :

a. 2

b. 7

c. 0

d. 3

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