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Economics
Cost Analysis
Marginal Cost
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 output of 3?
1 answer
The answer is $4,000
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Looking at this question and not sure why fixed cost is 2,000 and not 6,000.
********** Galley Industries can produce 100 units
