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