khushboo kanojia
Subject test
Note: -
You are attempting question 9 out of 12
A machine was purchased one year ago. Presently, the market value is $16,000 and it declines by $3,000 every
year. For the next 3 years, the maintenance costs are as follows:
Year Maintenance costs
1 $890
2 $1,290
3 $1,690
What is the marginal cost of extending the service for the 3rd year?
A. $2,690
B. $5,490
C. $4,690
D. $5,690
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Answer:
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