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Please help, I can't figure out how to get the marginal cost, can you explain how to get the answer? Complete the following table: Quantity
Please help, I can't figure out how to get the marginal cost, can you explain how to get the answer?
Complete the following table:
Quantity Q | Fixed Cost FC | Variable Cost VC | Total Cost TC = FC +VC | Marginal Cost MC= TC/Q |
0 | $108 | 0 | ||
1 | 12 | |||
2 | 48 | |||
3 | 108 | |||
4 | 192 | |||
5 | 300 | |||
6 | 432 | |||
7 | 588 | |||
8 | 768 | |||
9 | 972 | |||
10 | 1200 |
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