1
answer
0
watching
130
views
11 Dec 2019
Refer to the data.
Total Output
Average Fixed Cost
Average Variable Cost
Average Total Cost
Marginal Cost
1
150
25
175
25
2
75
23
98
21
3
50
20
70
14
4
37.50
21
58.50
24
5
30
23
53
31
6
25
25
50
35
7
21.43
28
49.43
46.01
8
18.75
33
51.76
68.07
9
16.67
39
55.67
86.95
10
15.00
48
63.00
128.97
The marginal cost column reflects:
A. the law of diminishing returns.
B. the law of diminishing marginal utility.
C. diseconomies of scale.
D. economies of scale.
Refer to the data.
|
Total Output |
Average Fixed Cost |
Average Variable Cost |
Average Total Cost |
Marginal Cost |
|
1 |
150 |
25 |
175 |
25 |
|
2 |
75 |
23 |
98 |
21 |
|
3 |
50 |
20 |
70 |
14 |
|
4 |
37.50 |
21 |
58.50 |
24 |
|
5 |
30 |
23 |
53 |
31 |
|
6 |
25 |
25 |
50 |
35 |
|
7 |
21.43 |
28 |
49.43 |
46.01 |
|
8 |
18.75 |
33 |
51.76 |
68.07 |
|
9 |
16.67 |
39 |
55.67 |
86.95 |
|
10 |
15.00 |
48 |
63.00 |
128.97 |
The marginal cost column reflects:
A. the law of diminishing returns.
B. the law of diminishing marginal utility.
C. diseconomies of scale.
D. economies of scale.
Sonal BahlLv10
24 Nov 2020
