Q | FC | VC | TC | MC |
0 | 120000 | 0 | 120000 | |
100 | 120000 | 200000 | 320000 | 2000 |
Formulas Used:
TC = FC+VC, MC =Change in TC/Change in Q
MC = (320000-120000)/(100-0) = $2000
So the correct option is $2000.
he following graph shows the marginal and average product curves for labor, the firm's only variable input. The mon...
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