Question

You supply a good at a price of $5. You also earn a profit at this price. This means that your marginal cost could be _____. $2.00 $5.00 $10.00

Answer 1

Answer:

The answer is less than $5.

(Your answer would be $2.00)

You supply a good at a price of $5. You also earn a profit at this price. This means that your marginal cost could be less than $5.

WHAT IS MARGINAL COST?

Marginal cost refers to the cost of the next unit or one additional unit of volume or output.

In conclusion, your answer would be:
A.) $2.00






Step-by-step explanation:

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Answer 2

$5.00$$Hello$ $There!$

Your answer is..:

$$5.00$

Hopefully, that helps you!!

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