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Production of the third unit of output

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Reference no: EM132192830

Answer the next question on the basis of the following date.

Output: 0 - 1 - 2 - 3 - 4 - 5 - 6

Total Cost (in $): 24 - 33 - 41 - 48 - 54 - 61 - 69

The marginal cost associated with the production of the third unit of output is

a. $12

b. $8

c. $7

d. $6

Reference no: EM132192830

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