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Play Time is a nursery school for pre-kindergarten children. The school has determined that the following biweekly revenues and costs occur at different levels of
Play Time is a nursery school for pre-kindergarten children. The school has determined that the following biweekly revenues and costs occur at different levels of enrollment: Number of Students Enrolled Total Revenue Total Costs 10 $ 2,600 $ 1,800 15 3,600 2,300 16 3,800 2,470 20 4,600 3,270 21 4,800 3,360 The marginal cost when the twenty-first student enrolls in the school is:
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$90.
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$142.
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$200.
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$3,180.
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$3,360.
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