10. When a firm produces 50,000 units of output. its total cost equals OMR 65 million. When it increases its production to 70,000 units of output, its total cost increases to OMR 9.4 million. Within this range. the marginal cost of an additional unít of output is: a OMR 4143 b. OMR 134 29. OMR 135. OMR 145.
10. When a firm produces 50,000 units of output. its total cost equals OMR 65 million. When it increases its production to 70,000 units of output, its total cost increases to OMR 9.4 million. Within this range. the marginal cost of an additional unít of output is: a OMR 4143 b. OMR 134 29. OMR 135. OMR 145.
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 8SQP
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