marginal cost calculationgreenspun.com : LUSENET : Economic History (and Related Observations) : One Thread |
You rent a car for $29.95. The first 150 miles are free, but each mile thereafter costs 15 cents. you drive it 200 miles. what is the marginal cost?
-- Phuntsok Dragpa (dragpa76@hotmail.com), October 07, 2004
7.50
-- hello (hello@aol.com), February 03, 2005.