In Exhibit 10, if the total cost of producing 99 units of output per day is $475,

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In Exhibit 10, if the total cost of producing 99 units of output per day is $475, the marginal cost of producing the 100th unit of output per day is approximately

a. zero.

b. $25.

c. $475.

d. $500.

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Economics For Today

ISBN: 9780226734798

7th Edition

Authors: Irvin B. Tucker

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