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A firms average total cost is Rs.300 at 5 units of output
and Rs.320 at 6 units of output the marginal cost of
producing the 6th unit is................

Answer Posted / krishnakanth v

Total cost for producing 5 units = 300 x 5 = 1500

Total cost for producing 6 units = 320 x 6 = 1920

Therefore, Marginal cost for producting the 6th unit =
1920-1500 = 420

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