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Output Variable Cost Fixed Cost Total Cost 0 14 1 5 2 24 3 15 4 20 34 The marginal cost of producing the 3rd
| Output | Variable Cost | Fixed Cost | Total Cost |
| 0 | 14 | ||
| 1 | 5 | ||
| 2 | 24 | ||
| 3 | 15 | ||
| 4 | 20 | 34 |
The marginal cost of producing the 3rd unit of output is
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Economics
Authors: Roger A. Arnold
12th edition
978-1305758674, 1305758676, 978-1285738321
