The table below shows the cost of producing model vintage cars for collectors. Instructions: Enter your answers as a whole number. a. Complete the marginal cost column in the table. Vintage Model Car Production Costs Total Fixed Cost Total Variable Total Cost Marginal Cost (dollars) (dollars) Cost (dollars) $0 Output (dollars) $2,000 $2,000 1 2,000 600 2,600 $4 2. 2,000 1,100 3,100 2,000 1,900 3,900 4. 2,000 2,900 4,900 2,000 4,150 6,150 b. What is the total cost of producing 4 vintage model cars? 2. c. What is the marginal cost of producing the 4th vintage model car? %24

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