Number of Workers Output Total Cost Fixed Cost Variable Cost
1 20 $300 $250 $50
2 35 $352
$250 $102
3 45 $406 $250 $156
4 50 $462 $250 $212
What is the marginal cost of producing the 45th unit of output?
(1 point)
Responses
$154
154 dollars
$52
52 dollars
$156
156 dollars
$5.40
The marginal cost of producing the 45th unit of output is $156.
To find the marginal cost of producing the 45th unit of output, we need to determine the change in total cost when the output increases from 35 to 45 units.
From the given information, we can see that the total cost for producing 35 units is $352, and the total cost for producing 45 units is $406.
Change in total cost = $406 - $352 = $54
Therefore, the marginal cost of producing the 45th unit of output is $54.