Question

After purchasing a coffee cup from your local gas station for $5.00, you can always refill your cup for $0.50. The marginal cost of your 10th cup of coffee purchased at the gas station is:a.$5.00. b.$5.50. c.$0.50. d.$10.00.

Answer 1

c.$0.50

Step-by-step explanation:

Marginal Cost is the cost of one more unit of a prodcut.

The cost of each refill is $0.50. Therefore, the marginal cost of the 10th is $0.50

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