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Select the correct answer from each drop-down menu. The cost of producing one micro-tip pen is estimated to be $3.50. Pens4u Ltd. produces 2,000 of these pens every month. What is the total cost for the month? What is the marginal cost of producing 100 more of the same pens if the total revenue increases to $7,500? The total cost of producing the pens is $ . The marginal cost of producing 100 more pens is $

Respuesta :

The marginal cost of producing 100 more of the same pens if the total revenue increases to $7,500 will be $ 150.

What is a marginal cost?

The rise or reduction in the cost of manufacturing one more item or servicing one more client is referred to as marginal cost.

The cost of producing one micro-tip pen is estimated to be $3.50.

Pens4u Ltd. produces 2,000 of these pens every month.

Then the total cost for the month will be

Total cost = $ 3.5 x 2000

Total cost = $ 7,000

Then the marginal cost of producing 100 more of the same pens if the total revenue increases to $7,500 will be

The total cost will be

Total cost = $ 3.5 x 2100

Total cost = $ 7,350

Then the marginal cost will be

Marginal cost = $ 7,500 - $ 7,350

Marginal cost = $ 150

More about the marginal cost link is given below.

https://brainly.com/question/7781429

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