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.
The ratio of the trout with tags that are caught and the total trout with tags is first calculated.
r = 12 trout / 180 trout = 1/15
Then, we divide the number of trouts caught without tag by the value obtained above.
N = (48 - 12) / (1/15) = 540
Then, we add the number obtained above and 180.
T = 540 + 180 = 720
ANSWER: 720
Answer:
140 people
Step-by-step explanation:
