Activity 4: Marginal Cost
Directions: Answer each of the following questions about marginal cost; review the previous pages if needed.
1. Marginal cost generally decreases as production increases.
2. A business that hires six new employees will likely experience:
3. It costs Meghan \($25 to make 30 cupcakes, but it costs her $\)28 to make 31 cupca
True
False
han's margin
Directions: Answer each of the following questions about marginal cost; review the previous pages if needed.
1. Marginal cost generally decreases as production increases.
2. A business that hires six new employees will likely experience:
3. It costs Meghan \($25 to make 30 cupcakes, but it costs her $\)28 to make 31 cupca
True
False
han's margin