174k views
3 votes
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

User Diffa
by
7.9k points

1 Answer

1 vote
The answer is less than $5.
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.

>>Marginal cost refers to the cost of the next unit or one additional unit of volume or output.
User Besworland
by
7.7k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.