Economics Homework Help
Economics Homework Help. How to explain this problem pertaining to marginal cost?
Suppose you are producing 2 units of output (Q=2), if you want to produce one extra unit of output (Q=3), what would be the marginal cost?
Output is 1 and SRTC is 400 and TR is $55. I don’t know that you need this, but I have to show my work.
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