A health club can increase its personal training revenue by hiring an additional fitness trainer, without needing to purchase additional supplies. Fixed cost is equal to $100 per day. If the personal trainer is hired for $100 per day, and he can train 6 people in that day,

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    the marginal cost is $33.33.
     the marginal cost of production is $100.
     the marginal cost of production cannot be determined from the information given.
     the marginal cost of production is $16.67.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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the marginal cost of production is $16.67.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)

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