Answer:
18 dollars
Step-by-step explanation:
Marginal cost can be defined as the additional cost to produce every additional unit of a certain good. In mathematical terms;
Marginal cost = change in cost / change in quantity
For seven jackets, we have to find the difference between the cost of seven jackets and the cost of six jackets as follows
$101 - $83 = $18
Since the change in quantity is one, our marginal cost comes to $18.
Yes it is because 4+4=8 and 8 is larger than 7
Solution:
<u>Convert the fractions into improper fractions and solve.</u>
- 9 1/2 ÷ 3 7/10
- => 19/2 ÷ 37/10
- => 19/2 x 10/37
- => 19 x 5/37
- => 95/37
<u>Convert the fraction into mixed fraction (Not required):</u>
- => 95/37 = 37/37 + 37/37 + 21/37
- => 1 + 1 + 21/37
- => 2 + 21/37
- => 2 21/37
The solution to the problem is 2 21/37.
