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Unit of output Table cost 1 20 2 32 3 42 4 48 5 50 in the above table, the marginal cost of the 3rd unit of output is
Question 1
Report
Unit of output
Table cost
1
20
2
32
3
42
4
48
5
50
in the above table, the marginal cost of the 3rd unit of output is
12
6
10
2
9
Answer Details
Read lesson note on The Theory Of Production (JAMB)
Read lesson note on Theory Of Costs (JAMB)
The Theory Of Production
Theory Of Costs
View Answer