Total fixed cost for a firm is $25. The total variable cost of production for the firm is as follows: 1 unit, $10; 2 units, $15; 3 units, $25. For this firm

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     the marginal cost of producing the third unit is $25.
      the marginal cost of producing the first unit is $35.
      the marginal cost of producing the 2nd unit is $15.
      the marginal cost of producing the first and third unit is $10.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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the marginal cost of producing the first and third unit is $10.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)

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