Output (units) Total cost (R)
0 100
1 110
2 130
3 166
4 220
5 300
The marginal cost of the third unit is
The marginal cost of the third unit is:
"MC(3) = \\frac{TC3 - TC2} {Q3-Q2} = \\frac{166-130} {3-2} = 36."
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