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The marginal cost of producing the sixth bagel is: Table: Costs of Producing Bagels Quantity of bagels (per period) Total variable costs Total fixed costs
The marginal cost of producing the sixth bagel is:
Table: Costs of Producing Bagels
Quantity of bagels (per period)
Total variable costs
Total fixed costs
0
$0.00
$0.10
1
0.20
0.10
2
0.30
0.10
3
0.35
0.10
4
0.45
0.10
5
0.60
0.10
6
0.80
0.10
7
1.05
0.10
8
1.35
0.10
Reference: Ref 8-3
(Table: Costs of Producing Bagels) The marginal cost of producing the sixth bagel is:
A.$0.80.B.$0.15.C.$0.20.D.$0.10.
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