At Dana's dairy farm, the average total cost of producing 19 liters of milk is $10, while the average total cost of producing 20 liters milk is $11. What is the marginal cost of the twentieth liter of milk? Type your numeric answer and submit

Survey Of Economics
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Author:Tucker, Irvin B.
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Chapter6: Proudction Costs
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At Dana's dairy farm, the average total cost of producing 19 liters of milk is $10, while the average total cost of producing 20 liters
milk is $11. What is the marginal cost of the twentieth liter of milk?
Type your numeric answer and submit
Transcribed Image Text:At Dana's dairy farm, the average total cost of producing 19 liters of milk is $10, while the average total cost of producing 20 liters milk is $11. What is the marginal cost of the twentieth liter of milk? Type your numeric answer and submit
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