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If a firm’s average cost is Rs.32 at 6 units of output and Rs.34 at 7 unit, whichone among the following is the marginal cost of producing the 7th unit

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Question:

If a firm’s average cost is Rs.32 at 6 units of output and Rs.34 at 7 unit, whichone among the following is the marginal cost of producing the 7th unit

A.

46

B.

2

C.

36

D.

42

Answer» a. 46

Note: The above multiple-choice question is for all general and Competitive Exams in India.