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10. The Costs of Production

10. The Costs of Production / Marginal Cost / Problema 4

Problema 4

If adding a third worker increases total output from 100 to 150 units and total cost from \$500 to \$600, what is the marginal cost of the additional output?

A

\$100

B

\$2

C

\$600

D

\$1.50