The following data are provided: Number of units produced Total cost Average costs 10 320,000 11 322,000
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Question:
The following data are provided:
Number of units produced Total cost Average costs
10 320,000
11 322,000
12 325,000
13 329,000
14 334,000
15 340,000
a. Fill in the space for the average cost
b. What is the marginal cost between the 13th and the 14th unit.
c. Suppose an order arrives for a 16th unit and the total cost amounts to 350,000, will you accept the order? Why or why not?
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