If output is increased from 47 units to 48 units per day
If output is increased from 47 units to 48 units per day, and total costs increase from $1,231 to $1,257 per day, the marginal cost per unit is
a) $1,257
b) $26.00
c) $26.19
d) $26.25
Homework Answers
MC = 
TC/Q
TC
= 1257 - 1231 = 26
Q
= 48 - 49 = 1
MC = TC/Q
MC = 26/1
MC = 26
So marginal cost per unit is $ 26
Thus, (b) is correct option
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