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Question
If the total cost for 3 units is ₹222 and for 4 units is ₹252, what is the marginal cost of the 4th unit?
Options
₹30
₹474
₹252
₹222
MCQ
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Solution
₹30
Explanation:
MC = TC at 4 units – TC at 3 units = ₹252 – ₹222 = ₹30.
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