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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................
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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
| Is This Answer Correct ? | 46 Yes | 0 No |
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