In the short​ run, a​ firm's total costs of producing the hundredth unit of output equal ​ $9,000. If it produces one more​ unit, its total costs will increase to ​ $9,200. (a) What is the marginal cost of the 101st unit of output? (b) What is the firm’s average total cost of producing a 100 units? (c) What is the firm’s average total cost of producing 101 units
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Home » Business » In the short​ run, a​ firm's total costs of producing the hundredth unit of output equal ​ $9,000. If it produces one more​ unit, its total costs will increase to ​ $9,200.