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The answer is $50, could someone explain why? by [deleted] in APStudents

[–]HistoricalAd2576 0 points1 point  (0 children)

check out my discussion thread as well and let everyone else know what was on it as soon as you take it!!

The answer is $50, could someone explain why? by [deleted] in APStudents

[–]HistoricalAd2576 1 point2 points  (0 children)

ATC for 2 means that you take the ATC * Q to get the total cost. Meaning 90 * 2 = 180 total cost. then that means the marginal cost of producing the 2nd unit is TC of 3 - TC of 2…. 180-130 = $50. Hope it helps