A graph titled Marginal Cost of Bikes has the bike number of the x-axis, from 1 to 7, and marginal cost on the y-axis, from 0 to 70 dollars

Question

A graph titled Marginal Cost of Bikes has the bike number of the x-axis, from 1 to 7, and marginal cost on the y-axis, from 0 to 70 dollars in increments of 10. Bike 1 is 30 dollars, bike 2 is 18 dollars, bike 3 is 12 dollars, bike 4 is 20 dollars, bike 5 is 30 dollars, bike 6 is 50 dollars, and bike 7 is 60 dollars. This graph shows the marginal cost of producing each bike. Select the correct answer from the options available. Based on this graph, which bike has a marginal cost of $20? Bike 1 Bike 2 Bike 3 Bike 4

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Thu Cúc 4 years 2021-08-28T06:17:15+00:00 2 Answers 67 views 0

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  1. Philomena
    0
    2021-08-28T06:18:26+00:00
    Reply

    Answer:

    Marginal Cost of Bikes

    A graph titled Marginal Cost of Bikes has the bike number of the x-axis, from 1 to 7, and marginal cost on the y-axis, from 0 to 70 dollars in increments of 10. Bike 1 is 30 dollars, bike 2 is 18 dollars, bike 3 is 12 dollars, bike 4 is 20 dollars, bike 5 is 30 dollars, bike 6 is 50 dollars, and bike 7 is 60 dollars.

    This graph shows the marginal cost of producing each bike. Select the correct answer from the options available.

    Based on this graph, which bike has a marginal cost of $20?

    D: Bike 4

  2. Maris
    0
    2021-08-28T06:18:38+00:00
    Reply

    Answer:

    80

    20

    50

    60

    Step-by-step explanation:

    subtract the total cost form the bike above the bike in question and thats ur answer

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