Question #348587

What is the marginal cost of the third unit






1
Expert's answer
2022-06-06T15:12:36-0400

Marginal cost is the additional cost of producing one more unit of output. It is therefore not the cost per unit of all units being produced, but only the next one.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Place free inquiry
Calculate the price
Learn more about our help with Assignments: Microeconomics

Comments

No comments. Be the first!
Our fields of expertise
Submit Your Assignment. We Can Do It.
LATEST TUTORIALS
APPROVED BY CLIENTS
The expert did excellent work as usual and was extremely helpful for me. "Assignmentexpert.com" has experienced experts and professional in the market. Thanks.
Canada #332078 on Oct 2022