Marginal Cost

Welcome to the Marginal Cost category of Questions LLC! If you have ever wondered about the incremental cost of producing one additional unit of a product, or how businesses make decisions based on marginal cost analysis, then you've come to the right place. This category is dedicated to answering all your queries related to marginal cost, an essential concept in economics and business. Whether you are a student seeking knowledge for academic purposes or a curious individual keen on understanding cost dynamics in the real world, our Q&A format will provide you with comprehensive explanations and insights. Explore the questions asked by our community to expand your understanding of marginal cost and its significance in decision-making processes.

Questions (29)

On one production line in a small custom chip factory, marginal costs decrease rapidly as more chips are made. The marginal cost
1. 3 answers
2. asked by Lisa
3. 349 views
Mbeya cement company which has rising short run Marginal cost Curve is currently operating at loss .Mbeya cement company's chief
1. 4 answers
2. asked by Aneth
3. 144 views
Number of workers: 10, 20, 30Output(thousands): 3, 5, 6 Fixed Cost ($): 2000, 2000, 2000 Variable Cost ($): 100, 200, 300 In the
1. 3 answers
2. asked by M
3. 47 views
in the table above, what is the marginal cost of increasing production from 3,000 to 5,000 units?
1. 3 answers
2. asked by M
3. 44 views
Number of Workers Output Total Cost Fixed Cost Variable Cost1 20 $300 $250 $50 2 35 $352 $250 $102 3 45 $406 $250 $156 4 50 $462
1. 2 answers
2. asked by 1
3. 61 views
How much is the marginal cost of producing additional detergents?your company must pay $2 million each year for environmental
1. 1 answer
2. asked by monica
3. 83 views
If a cost of a function is C(x) = (49 ln x) / (28-3x), find the marginal cost when x = 7
1. 3 answers
2. asked by Luke
3. 294 views
quantity total cost what's the marginal cost?0 8 2 9 4 10 6 11 8 13 10 19 12 27 14 37
1. 1 answer
2. asked by tiff
3. 269 views
How to calculate Marginal cost in economics
1. 3 answers
2. asked by Paul
3. 38 views
1. The Omnibus Corporation finds that its daily costs are $50 when it produces no output. Its total variable costs (TVC) change
1. 1 answer
2. asked by TeeTee
3. 429 views
If fixed cost is $8,000, variable cost is $5,000 at an output of 2 and $9,000 at an output of 3, how much is marginal cost at an
1. 1 answer
2. asked by Beth Martin
3. 329 views
For the operator of a movie theater, the marginal cost (MC) of admitting one more person to the theater is zero. True or False?
1. 2 answers
2. asked by Ameenah
3. 585 views
During the previous month, a firm produced 300tablet devices and its total costs were $18 comma 900 . Just before the firm
1. 3 answers
2. asked by AOL
3. 43 views
In the short run, a firm's total costs of producing the hundredth unit of output equal $8 comma 000. If it produces one
1. 3 answers
2. asked by AOL
3. 56 views
Suppose the cost C(q) (in dollars) of producing a quantity q of a productequals C(q) = 500 + 2q +1/5q^2 The marginal cost M(q)
1. 1 answer
2. asked by ty
3. 632 views
83.Minimizing Marginal Cost The marginal cost of a product can be thought of as the cost of producing one additional unit of
1. 3 answers
2. asked by Terry
3. 2,012 views
The marginal cost function is given by dc/dq=0.08q^2-1.8q+2.5 where c is the total cost in producing q units of product. The
1. 2 answers
2. asked by shima
3. 1,093 views
The marginal cost for producing x units of a certain product is given by the formula MC = 0.001x^2-0.5x+66.5.A. What is the
1. 2 answers
2. asked by name
3. 672 views
22. Marginal cost equals
1. 1 answer
2. asked by AOL
3. 23 views
A company estimates that the marginal cost (in dollars per item) of producing x items is . If the cost of producing one item is
1. 1 answer
2. asked by Sam
3. 641 views
How does a firm calculate marginal cost?(1 point) ResponsesA. By dividing the change in output by the change in total cost. B.
1. 1 answer
2. asked by onierivn
3. 28 views
What is the marginal cost of producing the 45th unit of output?• $52 • $156 • $5.40 O $154
1. 1 answer
2. asked anonymously
3. 19 views
Use the table to answer the question.Number of Workers Output Total Cost Fixed Cost Variable Cost 1 20 $300 $250 $50 2 35 $352
1. 1 answer
2. asked anonymously
3. 83 views
Number of Workers Output Total Cost Fixed Cost Variable Cost1 20 $300 $250 $50 2 35 $352 $250 $102 3 45 $406 $250 $156 4 50 $462
1. 1 answer
2. asked anonymously
3. 30 views
What is the marginal cost of producing the 45th unit of output?(1 point) Responses $5.40 15.4 dollars $154 154 dollars $52 52
1. 1 answer
2. asked anonymously
3. 20 views
Number of Workers Output Total Cost Fixed Cost Variable Cost1 20 $300 $250 $50 2 35 $352 $250 $102 3 45 $406 $250 $156 4 50 $462
1. 1 answer
2. asked anonymously
3. 25 views
Use the table to answer the question.Number of Workers Output (thousands) Fixed Cost ($) Variable Cost ($) 10 3 2000 100 20 5
1. 1 answer
2. asked anonymously
3. 66 views
In the table above, what is the marginal cost of increasing production from 3,000 to 5,000 units?(1 point) Responses $0.10 $0.10
1. 1 answer
2. asked by ik ur cheating
3. 20 views
Use the table to answer the question.Number of Workers Output Total Cost Fixed Cost Variable Cost 1 20 $300 $250 $50 2 35 $352
1. 1 answer
2. asked anonymously
3. 17 views